UMUC MGMT640 QUIZ 1
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UMUC MGMT640 QUIZ 1 UMUC MGMT640 QUIZ 1
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Question
1. What are the two basic sources of funds for all businesses?
Debt
Equity
Both debt and equity
None of the above
True or False
2. Working capital management is the management of current assets, such as inventory, and current liabilities, such as money owed to suppliers.
True
False 
3. What are the forms of business organization discussed in this chapter?
Sole Proprietorship
Partnership
Corporation
All of the above
4. What is meant by stockholders’ limited liability?
That the stockhol...
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UMUC MGMT640 QUIZ 1•UMUC MGMT640 QUIZ 1
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Question
1. What are the two basic sources of funds for all businesses?
Debt
Equity
Both debt and equity
None of the above
True or False
2. Working capital management is the management of current assets, such as inventory, and current liabilities, such as money owed to suppliers.
True
False 
3. What are the forms of business organization discussed in this chapter?
Sole Proprietorship
Partnership
Corporation
All of the above
4. What is meant by stockholders’ limited liability?
That the stockhol...