Question 15 2.5 pts Which of the following is a characteristic of partnerships? O All of these are characteristics of partnerships. O Partnership income is allocated to partners who pay individual income taxes on their own incomes. O General partners have unlimited liability for the obligations of the partnership. O A partnership can apply the Generally Accepted Accounting Principles (GAAP) or Other Comprehensive Bases of Accounting (OCBOA). 2.5 pts Question 16 Which of the following accounts may or may not be included in a partnership's books? All of these accounts are always included in a partnership's books