All of the following statements about cash reserves are true except:

A. The cash reserve allows entrepreneurs to prepare for the unexpected.
B. The cash reserve is a pool of cash resources to use in case of emergency.
C. The cash reserve enables entrepreneurs to take advantage of opportunities.
D. The cash reserve should equal your start-up costs.

Question

18-06-2024
Business

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All of the following statements about cash reserves are true except:

A. The cash reserve allows entrepreneurs to prepare for the unexpected.
B. The cash reserve is a pool of cash resources to use in case of emergency.
C. The cash reserve enables entrepreneurs to take advantage of opportunities.
D. The cash reserve should equal your start-up costs.

Sagot :

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