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Accounting Fall Exam Prep

Authored by Priscilla Davis

Business

10th - 12th Grade

Used 8+ times

Accounting Fall Exam Prep
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by one person

Sole Proprietorship

Partnership

Corporation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by two or more people

Sole Proprietorship

Partnership

Corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that has one or more owners

Partnership

Corporation

Sole Proprietorship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that also has one or more owners

Corporation

Partnership

LLC (limited liability company)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business is easy and inexpensive to form and dissolve

Corporation

Partnership

Sole Proprietorship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business type has access to more capital

Sole Proprietorship

Partnership & Corporation

LLC

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business type has their business profits taxed at personal level

Sole Proprietorship

Partnership

LLC

All of the above

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Google

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Microsoft

Microsoft

Apple

Apple

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