Which of the Following Statements Are True Regarding the Use

Which of the following statements are true regarding the use of personal savings as a source of financing for the entrepreneur?

A) Personal savings are the least expensive funds in terms of cost and control.
B) Most entrepreneurs try not to mix their personal money with the business finances to avoid any conflicts of interest.
C) External sources of funding demand that the entrepreneur be significantly committed to the venture, which includes the use of their own resources.
D) Personal savings are the least expensive funds in terms of cost and control and external sources of funding demand that the entrepreneur be significantly committed to the venture, which includes the use of their own resources.
E) All of the answers are correct.