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QUESTION 1 Which of the following is an advantage of a sole proprietorship? a. double taxation b. ease of setup c. limited liability d. separation

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QUESTION 1 Which of the following is an advantage of a sole proprietorship? a. double taxation b. ease of setup c. limited liability d. separation of ownership and control QUESTION 2 Whose interests should a financial manager consider paramount when making a decision? a. the stockholders who have risked their money to become owners of the company b. the employees and associated stakeholders who are employed by the company c. the public who consume the company's goods and services d. the financial manager's own interests QUESTION 3 Which of the following are major duties of a financial manager? I. To make investment decisions II. To make financing decisions III. To hire prudent employees a. I and II only b. II and III only c. I and III only d. I, II and

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