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WRAP-UP To summarize what you have learned in the lesson, answer the following questions: 1. What is micro, small, and medium enterprises? 2. What is the importance of the MSMEs in the economy? POSTTEST Directions: Read each statement carefully. Write T if the statement is correct, otherwise write F. 1. A small enterprise has an asset of less than $3,000,000. 2. The total assets of the business to be considered as micro-enterprise is at least P5,000,000. 3. A medium enterprise has a total assets of more than $100,000,000. 4. Go Negosyo Act promotes ease of doing business and facilitate access to services for MSMEs through the Negosyo Centers. 5. Barangay Micro Business Enterprise Act encourages the formation and growth of micro enterprises by granting incentives and other benefits