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Questions and Answers
Business is any activity that provides goods or services to consumers for the purpose of making a profit.
Business is any activity that provides goods or services to consumers for the purpose of making a profit.
True (A)
Revenue represents the funds an enterprise receives in exchange for its goods or services.
Revenue represents the funds an enterprise receives in exchange for its goods or services.
True (A)
Non-profit organizations are set up to make profits.
Non-profit organizations are set up to make profits.
False (B)
The primary role of owners in a business is to invest money.
The primary role of owners in a business is to invest money.
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Stakeholders include customers, vendors, employees, landlords, bankers, and others.
Stakeholders include customers, vendors, employees, landlords, bankers, and others.
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