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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsHardLevel 47

When is an entrepreneur's financial understanding most clearly seen?

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Answer and explanation

Correct answer: When regular records of income expense and profit are kept

Regular records clarify financial condition. Exam tip: link financial control with records.

Tags

home-scienceentrepreneurshipfinancial-management

Frequently asked questions

What is the correct answer to this question?

When regular records of income expense and profit are kept

Why is this the correct answer?

Regular records clarify financial condition. Exam tip: link financial control with records.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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