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Managerial Accounting Questions with 100% Correct Answers | Graded A+
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Managerial Accounting Questions with 100% Correct Answers | Graded A+ 1. Which of the following is not a major advantage of a corporation? a. Separate legal existence. b. Continuous life. c. Government regulations. d. Transferable ownership rights. - c. Government regulations. 2. A major disadvantage of a corporation is: a. limited liability of stockholders. b. additional taxes. c. transferable ownership rights. d. None of the above. - b. additional taxes. 3. Which of the following statements is not considered a disadvantage of the corporate form of organization? a. Additional taxes b. Government regulations c. Limited liability of stockholders d. Separation of ownership and management - c. Limited liability of stockholders
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