Examen
Sophia Pathways Accounting - Final Milestone,100% CORRECT
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31-01-2022
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2021/2022
Which of the following is a major advantage to forming a corporation? • Lenders of a corporation do not have the right to claim the corporation's assets to pay its debts. • The income from a corporation is not taxed. • Stockholders have limited liability for the debts of the corporation. • A corporation is usually managed by its owners. CONCEPT Businesses and Organizations 2 Which of the principles below does Val follow when she reviews her records to make sure that recorded accounting events correspond to the actual costs? • Full disclosure principle • Time period principle • Measurement principle • Matching principle CONCEPT Conceptual Framework and Principles
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Escuela, estudio y materia
- Institución
- University Of Pheonix
- Grado
- ACC 100
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- Subido en
- 31 de enero de 2022
- Número de páginas
- 15
- Escrito en
- 2021/2022
- Tipo
- Examen
- Contiene
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1 which of the following is a major advantage to forming a corporation • lenders of a corporation do not have the right to claim the corporations assets to pay its debts • the income from a
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