maining Time: 19 minutes, 03 seconds. question Completion Status: QUESTION 1 Financial reports are used by a. management b.creditors c. investors d. all are correct QUESTION 2 Which of the following groups of companies are all examples of a retail business! a. GameStop, Best Buy, Gap b. Delta Air Lines, Marriott, Gap c GameStop, Sony, Dell d. Gap. Amazon.com, Delta Air Lines QUESTION 3 Which one of the following is the authoritative body in the United States having the primary responsibility for developing accounting principles? a FASE DIRS . AICPA d. SEC Click Here and Submit to save and submit Click Save As to save alls. MacBook Pro esc # A 1 2 $ 4 3 5 6 & 7 8 9 Q W E R T Y F Remaining Time: 18 minutes, 52 seconds. Question Completion Status: QUESTION 4 Which of the following is not a characteristic of a corporation? a. Ownership is divided into shares of stock. b. Corporations experience an ease in obtaining large amounts of resources by issuing stock. c. A corporation's resources are limited to its individual owners' resources. d. Corporations are organized as a separate legal taxable entity. QUESTIONS An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a a. corporation b. partnership governmental unit d. proprietorship QUESTION 6 Assets are a. equal to liabilities less stockholders' equity b.financed by the stockholders and/or creditors always lower than liabilities d. the same as expenses because they are acquired with cash Click Save and to me and wait Cheke All Antall answer MacBook Pro esc @ # $ A & 1 2 3 4 5 6 7 8