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Les, a Certified Public Accountant, Is Looking to Open a New

Question 71

Multiple Choice

Les, a certified public accountant, is looking to open a new accounting firm. Previously, Les was part-owner of a firm where he fought regularly with other co-owners about management decisions. If he wants to avoid such conflicts and promote independence, which of these should he choose?


A) sole proprietorship
B) partnership
C) corporation
D) a public company

Correct Answer:

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