Question
A sole proprietorship is a business where all of the following are true except that The owner has complete control over decision making Profits are
A sole proprietorship is a business where all of the following are true except that
| The owner has complete control over decision making | ||
| Profits are only taxed once as the proprietors income | ||
| The proprietor is liable for losses to the extent of his or her personal assets | ||
| The proprietor can sell stock to increase its capital resources |
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The Basics Of Public Budgeting And Financial Management
Authors: Charles E. Menifield
4th Edition
0761872116, 978-0761872115
