A written document that identifies the entrepreneur's vision and describes the strategy and

operations of a new venture by laying out the proposed goals and activities is a(n) ________.

A) decision tree
B) business plan
C) strategic plan
D) operating plan
E) pro forma plan

B

Business

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A crisis in the financial sector often spills over into other industries because when financial institutions ________ borrowing, activity in most other industries ________

A) increase; slows down B) contract; slows down C) increase; increases D) contract; increases

Business

Which fund type would be reported in the Statement of Revenues, Expenditures, and Changes in Fund Balance?

a. Enterprise Funds b. Internal Service Funds c. Permanent Funds d. Pension Trust Funds e. Agency Funds

Business