Many former owners of failed firms blame ______ for their company's failure.

Question

Quizplus · Accepted Answer

Inadequate cash flows are a common reason for company failures, as it can lead to an inability to pay bills and expenses, as well as an inability to invest in growth opportunities. While GAAP rules, inaccurate budgeting, and excessive government regulation can also be contributing factors, inadequate cash flows are often cited as a primary reason for failure.

Many Former Owners of Failed Firms Blame ______ for Their