Multiple Choice
When a business becomes incorporated, which type of risk is most directly reduced for its owners?
22
views
1. Introduction to Accounting
Business Organization
Back1. Introduction to Accounting
Business Organization
- Multiple ChoiceWhich position typically oversees the business's day-to-day operational and administrative functions?8views
- Multiple ChoiceWhich term best completes the following sentence? "__________ is the building of businesses and enterprises by private investors."21views
- Multiple ChoiceA corporate vertical marketing system is best described as:31views
- Multiple ChoiceWhich of the following does an organizational chart display?22views
- Multiple ChoiceBuying an existing business _____.22views
- Multiple ChoiceWhich of the following best explains why a sole proprietor might want to take on a partner?21views
- Multiple ChoiceWhich of the following is one way that a corporation is different from a sole proprietorship?19views
- Multiple ChoiceWhen selecting a business ownership structure, which of the following is most likely to be considered by business owners?19views
- Multiple ChoiceHow does the operations function relate to other business functions within an organization?22views
- Multiple ChoiceWhich of the following is a disadvantage that partnerships share with sole proprietorships?28views
- Multiple ChoiceTwo partners own equal shares in a business worth a total of \$120,000. How much is each partner's equity in the business?18views
- Multiple ChoiceWhich of the following statements is true regarding a sole proprietorship?27views
- Multiple ChoiceWhich of the following is a primary advantage of forming a corporation?23views
- Multiple ChoiceWhich of the following is the best example of a business strategy?25views