True or False. 1. Business is an entity where the skills, energy, and enterprise of owners & partners are linked with money, its sources and investment. 2. Finance is not involved in the production of financial resources from business operations. 3. Allocating funds is the same as the actual distribution of funds

True or False. 1. Business is an entity where the skills, energy, and enterprise of owners & partners are linked with money, its sources and investment. 2. Finance is not involved in the production of financial resources from business operations. 3. Allocating funds is the same as the actual distribution of funds

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

True or False.

1. Business is an entity where the skills, energy, and enterprise of owners & partners are linked with money, its sources and investment.

2. Finance is not involved in the production of financial resources from business operations.

3. Allocating funds is the same as the actual distribution of funds

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