Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Business Organization

Financial Accounting

1. Introduction to Accounting

Business Organization

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Multiple Choice

Which term best completes the following sentence? "__________ is the building of businesses and enterprises by private investors."

Corporatization

Nationalization

Entrepreneurship

Monopolization

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Verified step by step guidance

Understand the context of the sentence: The question is asking for a term that describes the act of private investors creating businesses and enterprises.

Analyze the options provided: Corporatization refers to transforming a business into a corporation, Nationalization involves government control of businesses, Monopolization refers to dominating a market, and Entrepreneurship involves private individuals starting and managing businesses.

Focus on the key phrase 'building of businesses and enterprises by private investors': This aligns most closely with the concept of Entrepreneurship, which is the process of identifying opportunities, taking risks, and creating businesses.

Eliminate incorrect options: Corporatization, Nationalization, and Monopolization do not fit the description provided in the sentence.

Conclude that the correct term to complete the sentence is 'Entrepreneurship,' as it directly relates to private investors building businesses and enterprises.