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Chpt 1

Authored by peter coary

Social Studies

11th Grade - University

Used 3+ times

Chpt 1
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.1) Capital budgeting is concerned with

Long term assets

Financing

Short term assets & short term liabilities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.1) Working capital management is concerned with

Long term assets

Financing

Short term assets & short term liabilities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.1) Inventory is

Long term asset

Long term liability

Short term asset

short term liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.2) A sole proprietorship has

Limited liability

Unlimited liability

Depends on the size

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.2) Who owns a corporation

Managers

Stockholders

Both

Neither

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.2) Who runs a corporation

Managers

Stockholders

Both

Neither

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(1.2) What are the benefits of a corporation

Limited liability

Ease of ownership transfer

Unlimited life

All of the above

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