Which of These Statements Is Correct

Multiple Choice

Which of these statements is correct?

A) The development stage occurs between the startup and survival stages of a venture's life cycle
B) The early-maturity stage is the final stage of a new venture's lifecycle
C) Firms typically begin to cover all expenses with internally-generated funds during the survival stage
D) During the startup stage, revenues grow much more rapidly than cash expenditures
E) None of the above