Poor financial understanding is characterized by which of the following?

Question

Quizplus · Accepted Answer

Poor financial understanding is primarily associated with inadequate understanding of costs and funding requirements. It refers to a lack of awareness or comprehension of the financial resources that are necessary to establish and sustain a business venture. This can lead to mismanagement of finances, poor investment decisions, and an inability to secure adequate funding to support the business. The other options (A, C, and D) are not directly related to poor financial understanding.

Poor Financial Understanding Is Characterized by Which of the Following