Which of the following are accurate statements regarding Crowdfunding:   I. Crowdfunding relies on unreliable behaviors such as herd behavior and anchoring. II. Used typically in LLC or partnership situations. III. Has the advantage of not relying on geographic closeness. IV. Usually results in friends and family as participants. V. Almost always a viable product is available and ready to view in successful campaigns. a. Only I is accurate. b. I, II and V are accurate c. All are accurate. d. None are accurate. e. All are accurate except I.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 16MC: Which of the following statements is false? A. The four dimensions of performance that are...
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Which of the following are accurate statements regarding Crowdfunding:

 

I. Crowdfunding relies on unreliable behaviors such as herd behavior and anchoring. II. Used typically in LLC or partnership situations. III. Has the advantage of not relying on geographic closeness. IV. Usually results in friends and family as participants. V. Almost always a viable product is available and ready to view in successful campaigns. a. Only I is accurate. b. I, II and V are accurate c. All are accurate. d. None are accurate. e. All are accurate except I.

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