An individual's work-related, nonfinancially compensated contribution to the enhancement of a venture's value is referred to as:
A)money equity
B)sweat equity
C)goodwill
D)intangible work

Question

Quizplus · Accepted Answer

Sweat equity refers to the nonfinancially compensated work done by an individual that adds value to a venture. Money equity would refer to an individual's financial investment in the venture, goodwill typically refers to the reputation and relationships a company has with its customers and stakeholders, and intangible work is not a commonly used term in this context.

An Individual's Work-Related, Nonfinancially Compensated Contribution to the Enhancement of a Venture's