Multiple Choice
Which one of the following statements correctly applies to a sole proprietorship?
23
views
1. Introduction to Accounting
Business Organization
Back1. Introduction to Accounting
Business Organization
- Multiple ChoiceA listing agreement is an example of an agency relationship created by which of the following?21views
- Multiple ChoiceA company's long-term purpose can be identified in a concise format by creating which of the following?22views
- Multiple ChoiceWhich legal form of business ownership does the government have the least control over?19views
- Multiple ChoiceWhy should a business be concerned with its stakeholders?23views
- Multiple ChoiceThe business entity assumption means that:26views
- Multiple ChoiceWhich term refers to the specific group for which a business's products, services, and marketing efforts are intended?20views
- Multiple ChoiceWhy should an entrepreneur revisit the business plan after launching the business?23views
- Multiple ChoiceWhich of the following statements is true of location decisions in business organizations?19views
- Multiple ChoiceWhich two statements best define the characteristics of a business?20views
- Multiple ChoiceWhich of the following is a characteristic of a business opportunity?22views
- Multiple ChoiceWhich of the following would an entrepreneur typically do first when starting a new business venture?20views
- Multiple ChoiceWhich of the following is typically a step that new sole proprietorships must take before beginning operations?22views
- Multiple ChoiceWhich form of business organization would best protect your personal assets if you are working on a project that is important to the company and there is a risk of significant financial loss?18views
- Multiple ChoiceWhich of the following organizational forms provides its owners with limited liability?20views