An amount of money initially needed to conduct research/feasibility study to determine the viability of a business, is referred to as ______.
A) seed capital
B) debt financing
C) asset
D) equity finance

Question

Quizplus · Accepted Answer

Seed capital is the initial investment required to conduct research or feasibility study to determine the viability of a business idea. Debt financing is money borrowed by a company that needs to be paid back with interest. An asset is a resource that has value and can be owned or controlled to produce positive economic value. Equity finance involves raising capital by selling shares of ownership in a business.

An Amount of Money Initially Needed to Conduct Research/feasibility Study