Identify any 2 forms of business and state 2 advantages of thereof.

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

See More Books

Posted Date: Aug 15, 2020 03:32 AM

See More Questions

Identify the three common forms of business organizations. How do these forms differ? Which form of business organization is most common in the United States?
Identify the three forms of accounting certification. Which form of certification do you believe is best for a managerial accountant? Why?
Identify the three forms of accounting certification. Which form of certification do you believe is best for a management accountant? Why?
Ethelbert.com is a young software company owned by two entrepreneurs. It currently needs to raise $400,000 to support its expansion plans. A venture capitalist is prepared to provide the cash in...
A scheme is devised to measure the thermal conductivity of soil by immersing a long electrically heated rod in the ground in a vertical position. For design purposes, the rod is taken as 2.5 cm in...
For the circuit of Fig. 11.47, find the maximum power delivered to the load ZL. 05v 2 4 10 cos 4 V ( 30
Assume that the number of asbestos particles in a squared meter of dust on a surface follows a Poisson distribution with a mean of 1000 . If a squared meter of dust is analyzed, what is the...
A 15.0-kg stone slides down a snow-covered hill (Fig. 7.34), leaving point A with a speed of 10.0 m/s. There is no friction on the hill between points A and B, but there is friction on the level...
To create the essence of the organizational change leaders should be transparent, balanced, and focused. Which of the models of change and intervention is most effective at balancing interests,...
Forecasting with the Parsimonious Method and Estimating Share Value Using the ROPI Model Following are income statements and balance sheets for Cisco Systems. Cisco Systems Consolidated Statements of...
Determine the average rate of change of B from t = 0 to t =222. A -------> 2B Time (s) Concentration of A [M] 0 0.660 111 0.420 222 0.180 PLEASE SHOW WORK
Economics and Marketing Companies are constantly researching their economic status to determine the company's projected business performance. The scales of the economy are directly related to how to...
How does the application of a phased approach to project management vary in different industries? Do you think that the phases work the same in construction as they do in event management or software...
Describe Descriptive, Exploratory, and Explanatory Analytics What is the value of storytelling in business analytics? Describe Data Science Provide at least one example of an application of business...
Explain how value chain analysis may help a company to determine its priorities for strategic resource allocation. In your response please include types of strategies to use gain competitive...
Identify and describe the methodology (what factors), which is used to determine "economic freedom." Which of these factors do you think is most important? Identify the three (3) countries with the...
An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years ago 10,000 Three years ago 12,000 Two...
Comptech Ltd is a manufacturer of optical equipment. In September 2019, Ed Thompson the Chief Research Officer, attended a conference in Switzerland that focused on optical developments for the 21st...
What two conditions must be met for a company to recognize revenue from a transaction or event in its accounting records? When might these conditions differ?
Letitia Corp. manufactures kitchen timers. The company incurred the following costs to produce 25,000 timers in May 2009. Timer mechanisms.............................................. $11,250 Resin...
The following general journal entries (presented in a simpliï¬ed format) were made recently by the bookkeeper of Morgans Gas Emporium: Required: (a) Brieï¬y describes the...
Using an economic balance sheet, which of the Laws current financial assets is most concerning from an asset allocation perspective? A. Equities B. Real estate C. Fixed income Raye uses a costbenefit...
Using the economic balance sheet approach, the Laws economic net worth is closest to: A. $925,000. B. $1,425,000. C. $1,675,000. Raye uses a costbenefit approach to rebalancing and recommends that...
Raye believes the previous advisers asset class specifications for equity and derivatives are inappropriate given that, for purposes of asset allocation, asset classes should be: A. diversifying. B....

Identify any 2 forms of business and state 2 advantages of thereof.

Question:

Expert Answer:

Two forms of businesses are 1 Sole proprietorship 2 Partnership ADVANTAGES OF SOLE PROPRIETORSHIP ... View the full answer

Core Concepts of Accounting

Students also viewed these accounting questions