1 What is a benefit of sound financial management? o Increased sales Stronger leadership o Better credit rating Positive morale NEXT > BOOKMARK CLEAR 4 What is a common challenge in the world of finance? Threat of data breaches creates additional risk. Labor costs are affected by unemployment rates. All decision variables are usually not known Banking regulations are subject to change. NEXT > BOOKMARK CLEAR CLEAR 6 What is the role of a general partner? Having sole responsibility for managing the business Having minimal liability for the money invested in the business Assuming responsibility for the welfare of the business Seeking permission from others when running the business 72 What is another name for a bond's face value? Total value o Interest value O Par value O Paid value