114 câu đầu

Businesses provide goods, jobs, and services to others.

• True

• False

Businesses seek to earn a profit by providing goods and services to others.

• True

• False

Revenue is the amount a business earns above and beyond what it spends for expenses

and costs.

• True

• False

Profit is the amount of money a business earns above and beyond what it spends for

salaries and other expenses.

• True

• False

Since all businesses make a profit, starting a business is not risky.

• True

• False

An entrepreneur risks time and money to start and manage a business.

• True

• False

If a business's costs and expenses are greater than its revenue, it will suffer a loss.

• True

• False

Profits of a business include the salaries paid to its employees.

• True

• False

Revenue is the total amount of money a business takes in during a given period by selling

goods and services.

• True

• False

Risk is the chance an entrepreneur takes of losing time and money on a business that may

not prove profitable.

• True

• False