INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements about take home pay is TRUE?
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Take home pay is amount left over from your monthly paycheck after deductions.
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Take home pay is the amount you earn each month in income minus what you save.
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Take home pay is the amount you earn each month in income minus what you spend.
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Take home pay is the amount left over from your monthly paycheck before deductions.
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Explanation:
Detailed explanation-1: -Which of the following statements is TRUE about startup capital? Startup capital is the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running.
Detailed explanation-2: -Wages paid to workers however can vary as the number of workers increase or decrease. Hence it is not considered as a fixed cost.
Detailed explanation-3: -A balanced budget typically includes the amount you earn income, the amount you pay in taxes, the amount you put away in savings.
Detailed explanation-4: -The amount you earn in income. The amount you pay in taxes. The amount to put away in savings. All of these items are included in a balanced budget.
There is 1 question to complete.