False
What is business ?
An organisation or entrepreneurial entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several forms of businesses.
There are three basic business valuation approaches. They are the income approach, the market approach, and the book value approach is a false statement.
There are three approaches to valuing a company: the asset approach, income approach, and market approach.
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