Which of the following is considered by accountants to be a separate entity from its owner(s)?
A) Partnership only
B) Sole proprietorship only
C) Corporation only
D) Sole proprietorship, partnership, and corporation
D
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Tatum is a sales representative for a gourmet cookware manufacturer. Tatum's marketing plan for a store that would be a logical retail outlet for her products should include:
A. a purchase order based on a seller benefit plan. B. how the reseller will promote the cookware once purchased. C. the business proposition which the retailer will adhere to. D. how the retailer can adopt the role of end-user. E. how ultimate consumers should correctly dispose of old kitchen tools.
________ tend to be straightforward outlines of benefits and positioning points that the advertiser wants to stress
A) Promotion mix plans B) Message strategy statements C) Creative concept strategies D) Advertainment statements E) Branded entertainment plans
Metal Company Metal Company sold merchandise to Steel Corporation on December 1, 2012, for $150,000, and accepted a promissory note for payment in the same amount. The note has a term of three months and an annual interest rate of 8%. Metal's accounting period ends on December 31. Refer to the data provided for Metal Company. What amount should Metal recognize as interest revenue on December 31,
2012? A) $ -0- B) $ 1,000 C) $12,000 D) $11,000
When products provide alternate solutions to the same market, ________ competition has occurred.
Fill in the blank(s) with the appropriate word(s).