Which of the following is NOT an advantage of a sole proprietorship?
A) single taxation
B) ease of setup
C) unlimited liability
D) no separation of ownership and control
Answer: C
You might also like to view...
Which of the following activities would not occur when an inventory manager decides to return merchandise to a vendor?
a. the accounts payable department is notified b. a credit memorandum is issued to the vendor c. the warehouse is instructed to release the merchandise to the shipping department d. a debit memorandum is prepared
Briefly discuss mechanical observation. What is it and why is it used? Describe two devices used for mechanical observation that do not require the respondent's direct participation
What will be an ideal response?
From a sample of 500 items, 30 were found to be defective. The point estimate of the population proportion defective will be
A. 0.06. B. 30.0. C. 470. D. 0.94.
How could an individual obtain a business tax credit?
A. Through flow-through from a partnership or S corporation B. By working overseas and obtaining a foreign tax credit C. Through self-employment activities D. All of these choices are correct