The Partnering for Success feature in Chapter 10 focuses on Startup Weekend. Startup Weekend is a not-for-profit organization that ________.
A) creates a context in which small groups of people can start a business in 54 hours (usually over a weekend)
B) sponsors weekend events that connect entrepreneurs with mentors, advisors and potential investors
C) provides 54-hour weekend retreats for people to gather and learn as much as possible about the startup process
D) sponsors pitch events, usually over a weekend, that allow entrepreneurs to pitch their business ideas to angel investors
E) facilitates weekend business plan competitions across the United States
Question 2
The income statement records all the revenues and expenses for a given period and shows whether the firm is making a profit or is experiencing a loss.
Indicate whether the statement is true or false