Question

class 9
What are the 3 types of business activities? Explain with examples. List any four characteristics of entrepreneurship
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Answer 1

Answer:

Explanation:

There are three main types of business activities: operating, investing, and financing. The cash flows used and created by each of these activities are listed in the cash flow statement. The cash flow statement is meant to be a reconciliation of net income on an accrual basis to cash flow.

List any four characteristics of entrepreneurship

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Ambition and self-confidence.

Willingness to take a leap of faith.

Ability to learn from mistakes.

Trust in and respect for the team.