Some advantages of the sole proprietorship also apply to the small business.

Answer the following statement true (T) or false (F)


True

Business

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The ____________________ is a technique that attempts to recognize bad debt expense in the same period that the related credit sales are made

Fill in the blank(s) with correct word

Business

Answer the following statements true (T) or false (F)

1. Bad planning is usually a result of top managers' inability to gather enough information.  2. Planning is usually a straightjacket for new ideas, since it effectively blocks peripheral vision in favor of a predetermined course.  3. A sustainable competitive advantage is the ability of an organization to produce goods or services more effectively than its competitors and outperform them.  4. Ford's Sync in-dash communications platform, despite its high level of technology, has been unable to provide the company with a distinct competitive advantage. 

Business

Each partner is personally liable only for his/her share of the debts of the partnership

Indicate whether the statement is true or false

Business

Give two examples of billing elements

What will be an ideal response?

Business