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Match the following forms of business organization with the set of attributes that best describes that form of business: sole proprietorship, partnership, or corporation. a
Match the following forms of business organization with the set of attributes that best describes that form of business: sole proprietorship, partnership, or corporation. a Shared control, unlimited liability, tax advantages, increased skills and resources Answer b Best for raising large amounts of funds, double taxation, limited liability, easiest to transfer ownership interests Answer c Sole ownership, easiest to establish, tax advantages, unlimited liability Answer
Match the following forms of business organization with the set of attributes that best describes that form of business: sole proprietorship, partnership, or corporation.
a Shared control, unlimited liability, tax advantages, increased skills and resources
Answer
b Best for raising large amounts of funds, double taxation, limited liability, easiest to transfer ownership interests
Answer
c Sole ownership, easiest to establish, tax advantages, unlimited liability
Answer
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Project Management Accounting Budgeting Tracking And Reporting Costs And Profitability
Authors: Kevin R. Callahan, Gary S. Stetz, Lynn M. Brooks
1st Edition
0470044691, 978-0470044698
