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Basic Financial Accounting Short Questions
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Question:
Which of the following is not true about companies or corporations (the words companies and corporations mean the same in this question)? Select one alternative: A A company is owned by shareholders B Shareholders of a company have limited liability C The most common form of a business is a sole proprietor D A company can be private or public
Author: Gonza RAnswer:
C The most common form of a business is a sole proprietor
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