TRUE AND FALSE STATEMENTS (10 MARKS) FOR THE FOLLOWING STATEMENTS INDICATE 'T' FOR TRUE AND 'F' FOR FALSE. 1 point Unlimited liability is one of the advantages of partnership. * Choose TRUE 1 point FALSE unt of sale of goods or services related to the 1 point Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. * Choose TRUE holder is 1 point FALSE nt in the The liability of the shareholder is 1 point limited to their investment in the business. * Choose TRUE d 1 point FALSE t 1 point Accounting concepts and principles exist to protect accountants. * Choose FALSE TRUE 1 point 1 point The maximum number of partners that a professional partnership of accountants, doctors or lawyers can have is 30. * Choose FALSE TRUE conomic 1 point Liabilities is a business economic 1 point resources owned. * Choose FALSE TRUE quired to 1 point l' at the Public companies are required to 1 point include the word 'Berhad' at the end of their business names. Choose TRUE ounting 1 point FALSE The external users of accounting 1 point information are bankers, governments, suppliers and investors. Choose TRUE ple of a 1 point FALSE * 1 point CIMB Berhad is an example of a private limited company. Choose FALSE TRUE Neve ogle Forms