Ownership of a corporation is divided into units called shares.
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Q4: Internal controls include procedures to protect assets
Q5: Budgeting is the process of developing formal
Q6: Although a proprietorship is not a separate
Q7: A partnership requires no special legal requirements
Q8: External users include lenders such as banks,
Q10: Career opportunities in accounting include auditing, forensic
Q11: Accounting information helps people make better decisions
Q12: Sole proprietorships and partnerships are not subject
Q13: A corporation is responsible for its actions
Q24: A sole proprietorship is a business owned
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