Which is an advantage of a sole proprietorship form of business?
A) There is limited personal risk.
B) The business can continue indefinitely.
C) The owner makes all the decisions.
D) The business is legally separate from the owner.
Correct Answer:
Verified
Q5: Put the 7 main steps of the
Q6: What is the difference between Bookkeeping and
Q7: Accounting provides information to:
A) investors.
B) government.
C) managers.
D)
Q8: A sole proprietorship ends with the death
Q9: A partnership is a business which:
A) is
Q11: Which of the following is NOT an
Q12: The purpose of the accounting process is
Q13: The Sarbanes-Oxley Act was passed to:
A) prevent
Q14: Discuss the advantages and disadvantages of sole
Q15: A corporation:
A) is legally separate from its
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