The financial document that is used by startup businesses to show where capital comes from and for what it will be used is called a ______.

Question

Quizplus · Accepted Answer

The "sources and uses of funds" statement is specifically designed to show where a startup's capital originates (the sources) and how it is planned to be spent (the uses). This document is crucial for startups to plan their financial strategy and communicate it to potential investors or lenders.

The Financial Document That Is Used by Startup Businesses to Show