The corporate form of organization offers which of the following disadvantages?
a. limited liability of owners; b. transferable ownership units; c. ease of raising capital; d. unlimited life; e. government regulation
E
You might also like to view...
Which of the following statements is true of a sustainable competitive advantage?
A. It cannot be maintained over a long period of time. B. It can be achieved by reducing the price of the product. C. It can only be maintained over a short period of time. D. It can be easily copied by the competitors. E. It is not easily copied by the competitors.
The _____ approach assumes that the life of an IS starts with a need, followed by an assessment of the functions that a system must have to fulfill that need, and ends when the benefits of the system no longer outweigh its maintenance costs.
Fill in the blank(s) with the appropriate word(s).
The debit side of the work in process account represents:
a. direct materials and direct labor. b. direct materials, direct labor and finished goods. c. indirect materials, indirect labor and direct labor. d. direct materials, direct labor and applied overhead. e. finished goods.
Someone who expressly assumes a mortgage is personally obligated to pay it
a. True b. False Indicate whether the statement is true or false