All of the following are characteristics of proprietorships except:
A) ease of formation.
B) income treated as part of the sole proprietor's income for tax purposes.
C) ease of raising additional money for expansion.
D) unlimited life.
Correct Answer:
Verified
Q22: If a company buys a machine for
Q23: Which of the following is an example
Q24: All of the following are characteristics of
Q25: Accounting is:
A)focused on cash flow.
B)the language of
Q26: The primary advantage of the proprietor form
Q28: Raising money and handling financial relationships with
Q29: Financial theory stems primarily from:
A)mathematics.
B)finance.
C)economics.
D)accounting.
Q30: Stockholders own corporations. Which of the following
Q31: A proprietor who operates his/her own business
Q32: Historically, the field of finance was limited
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