Which of the following statements is correct?

Group of answer choices:

One of the advantages of the sole proprietorship is related to the fact that the amount of equity capital that can be raised to finance the business is unlimited.

All the answers are correct.

The controller is really the firm's chief accounting officer and the controller's staff prepares the financial statements, maintains the firm's financial and cost accounting systems, prepares the taxes, and works closely with the firm's external auditors.

Productive assets, which are short term in nature, are financed by short-term borrowing.

In a corporation, the board of directors do not have the right to decide whether dividends should be paid to stockholders.