The importance of classifying a business as small does not lie in which of the following areas?
A) Determining whether or not the business qualifies for a bank loan
B) Determining whether or not the business qualifies for a government set-aside program
C) Determining whether or not the business qualifies for Small Business Administration assistance
D) Determining whether or not the business qualifies for a government agency purchase

Question

Quizplus · Accepted Answer

The classification of a business as small is not typically a factor in determining eligibility for a bank loan, as banks have their own criteria for lending.

The Importance of Classifying a Business as Small Does Not