The type of business organization that can continue indefinitely is known as a:
A) sole proprietorship.
B) partnership.
C) corporation.
D) All of the above
Correct Answer:
Verified
Q3: A law firm would be considered a:
A)merchandise
Q3: The function of accounting includes analyzing, recording,
Q4: Which of the following will decrease owner's
Q4: Which of the following is a characteristic
Q6: What is the difference between Bookkeeping and
Q7: A corporation:
A)can continue indefinitely.
B)is owned by stockholders.
C)has
Q8: A sole proprietorship ends with the death
Q11: Which of the following is NOT an
Q13: Accounting provides information to
A) managers.
B) government.
C) investors.
D)
Q14: Discuss the advantages and disadvantages of sole
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