A Venice startup budget includes equipment purchases of $38,500, office setup of $12,600, and first payroll reserve of $28,000. What total startup cash need should be shown?
Correct Answer
B) $79,100
Startup cash need includes all listed launch costs.
Why This Is the Correct Answer
Startup cash need includes all listed launch costs.
Why the Other Options Are Wrong
Option A: $51,100 risk setup folder
$51,100 risk setup folder is below the supported result for startup cash need; it likely skips a premium-pay or employer-cost component.
Option C: $66,500 operations startup note
$66,500 operations startup note is below the supported result for startup cash need; it likely skips a premium-pay or employer-cost component.
Option D: $40,600 startup control file
$40,600 startup control file is below the supported result for startup cash need; it likely skips a premium-pay or employer-cost component.
Memory Technique
Who controlled includes, who paid all, where is the Prepares Initial record?
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Startup budgeting and cash planning; verify the startup duty, registration, or financial setup before answering.
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