Indicate whether the sentence or statement is true or false.
1.Traditional definitions of a small business center arounddefining a business along functional lines, or according to afirm’s operating characteristics.
2. Lifestylers are those business owners who are verygrowth-oriented in their approach to starting and maintaining abusiness.
3. Finance can be studied from either a micro or macroperspective.
5.Unsystematic risk deals with risk from economic, political,and sociological factors.
20. If an owner has employees in his/her business, then theymust file with the IRS to receive an employment identificationnumber (EIN). This number is the same as business sales-tax exemptnumber.
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