The roles of financial managers include（）
A. Financial planning
B. Monitoring the venture’s use of assets
C. Monitoring the firm’s operating efficiency and financial performance
D. Arranging for any necessary financing
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Which statement of the following is NOT a characteristic of internal financing（）
A. No collateral is needed
B. The amount of financing sourced is low to medium
C. The cost of capital is high
D. One example of internal financing is retained earnings
In which stage the venture progresses from an idea to a promising business opportunity（）
A. Development stage
B. Early growth stage
C. Startup stage
D. Expansion stage
Which of the following could NOT be the source for financial needs in the development stage（）
A. Stock exchange
B. Family and friends
Crowdfunding
D. Angel investors
Entrepreneurial firms have important influence on（）
A. economic growth
B. employment in a society
C. innovation in an economy
D. socio-cultural development in a society
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