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QUESTION 7 Cosmopolitan Consulting has five consultants in the firm. The company's annual revenue is approximately $500,000. The company's income is distributed equally among all

QUESTION 7

  1. Cosmopolitan Consulting has five consultants in the firm. The company's annual revenue is approximately $500,000. The company's income is distributed equally among all five consultants. Each owners are personally liable for claims against the business if the firm's assets are insufficient to settle the debt. This is an example of

    A Limited Liability Company

    A Sole Proprietorship

    A Corporation

    A General Partnership

    A Hedge Firm

10 points

QUESTION 8

  1. Most business have an organization chart. Which of the following are responsibilities of the CFO?

    Marketing

    Human Resources

    Accounting and Capital Budgeting

    Production & operating departments

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Authors: Andrew Zacharakis, William D Bygrave

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