Question
What type of legal entity do many entrepreneurs use and why? Multiple Choice Sole Proprietorships due to the ease of initially setting up an organization.
What type of legal entity do many entrepreneurs use and why?
Multiple Choice
Sole Proprietorships due to the ease of initially setting up an organization.
C Corporation due to its accounting system and financial reporting information.
C Corporation due to its ability to finance with both debt and stock.
LLC due to its tax advantages and the limited liability aspect to owners.
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CISA Certified Information Systems Auditor All In One Exam Guide
Authors: Peter H. Gregory
4th Edition
1260458806, 978-1260458800
