When a partner leaves the partnership, whether it be voluntary or by expulsion, death or bankruptcy, it is called
A)dissociation
B)termination.
C)detachment.
D)separation.
A
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The basic difference between consignment and memorandum purchases is based on the size of the order
Indicate whether the statement is true or false
Which of the following is not a taxpaying entity?
A) C corporation B) partnership C) individual D) All of the above are taxpayers.
Which of the following statements is true regarding kaizen?
a. It involves only the top management of the organization. b. It attempts to achieve radical improvements in a very short time period. c. It requires very large financial investments. d. It focuses on small, gradual, and frequent improvements.
A combination of two or more companies in which neither competes directly with the other and no buyer-seller relationship exists is known as a ____
A) conglomerate merger B) vertical merger C) horizontal merger D) takeover