Question: Which of the following statements regarding financial resources are true? (Check all that apply.) Multiple select question. Cash is highly important, but access to capital is also important to the new venture's success. The level of financing is a strong determining factor of how a business is launched. Bank loans are the most-used source of financing for a new business. Financial resources are as important to new-venture creation as the product or service's market. When new firms employ the best elements of low-cost, focus, and differentiation approaches to their ventures, they are using .