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

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 are typically assets, liabilities, equity, revenues, expenses and net income. Total liabilities and total stockholders' equity may be included as part of the balance sheet but they are not the only financial measures included in the basic business model.

Which of the Following Is Not True Concerning the Basic