Which of the following is not true concerning the basic business model?
A)Contains the activities of obtaining financing in order to invest in assets.
B)Contains the activities of investing in assets to be used to generate revenues.
C)Contains the activities of generating revenues which lead to net income.
D)Includes the financial measures of total liabilities,total stockholders' equity and other measures used as benchmarks.

Question

Quizplus · Accepted Answer

The basic business model includes the activities of obtaining financing, investing in assets, and generating revenues which lead to net income. However, the financial measures included in the basic business model typically include assets, liabilities, and stockholders' equity - not just total liabilities and stockholders' equity. Therefore, choice D is not true concerning the basic business model.

Which of the Following Is Not True Concerning the Basic