Circle the letter (A; B; C; D of E) that represents the correct answer and record it In the All but which of the following is considered to be a myth associated with entrepreneurship? Successful entrepreneurs arc born not made First ventures arc always successful All entrepreneurs must willingly invest significant sums of money Successful entrepreneurs must have a break-through invention An entrepreneur faces extraordinary business risks For small business owners, one of the most important objectives is market presence growth profitability adaptability innovation The reward foe entrepreneurship as a factor of production Wages Interest Profit Rent The accounting equation can be expressed as: OE = A - L A/OE = 1 ? L/OE A = OE+L All the above arc derivations of the accounting equation. The true owners of a corporation are: Bondholders Founders Common stockholders Partners Which ONE would you classify as a likely entrepreneur in its traditional form? Worker in a company Founder of a company Common stockholder of a company Beggar in a street An entrepreneur creates new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying: Products People Opportunities Jobs