A limited partner's financial obligation to the partnership may be increased if:
a. the limited partner acts as agent for a competing partnership.
b. the limited partner takes active part in the management of the partnership.
c. the certificate of limited partnership is incorrect or incomplete.
d. The limited partner takes active part in the management of the partnership or the certificate of limited partnership is incorrect or incomplete.
d
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Which of the following groups of customers are most likely to have high desire to repurchase, strong product preference, long customer history, and a very high referral value?
A) Loyal customers B) Captive customers C) Unprofitable customers D) Repeat customers E) Customer terrorists
Which of the following should an auditor obtain from the predecessor auditor prior to accepting an audit engagement?
A. Analysis of balance sheet accounts. B. All matters of continuing accounting significance. C. Analysis of income statement accounts. D. Facts that might bear on management integrity.
Recall an actual conflict you faced. Identify passive, aggressive, and assertive responses to the situation.
What will be an ideal response?
What is a key difference between variable costing and absorption costing?
a. classification of direct materials and labor. b. The usage of homogenous cost pools. c. The choice of allocation base. d. The classification of fixed factory overhead.