The proprietorship form of business organization
A) in most provinces, must have at least two owners.
B) is often chosen for single owner operated businesses.
C) is difficult to set up.
D) is classified as a separate legal entity.
Correct Answer:
Verified
Q52: Which of the following is not a
Q53: A business organized as a separate legal
Q54: Which of the following statements regarding external
Q55: An internal user
A)is not involved in managing
Q56: Which of the following statements is not
Q58: External users want answers to all of
Q59: Which of the following uses accounting information
Q60: The concept that economic activity, which can
Q61: Net income results when
A)Assets > Liabilities.
B)Assets <
Q62: The statement of cash flows does not
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