Which of the Following Is False

question 40

Multiple Choice

Which of the following is false?

• A)A large partnership must not be a service partnership.
• B)A large partnership must have fewer than 100 partners.
• C)A large partnership must not be engaged in commodity trading.
• D)A large partnership is subject to a different system of audits.

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Definitions:

Psychology

The scientific study of the mind and behavior.

Empiricism

A theory in philosophy that emphasizes the role of experience and sensory perception in the formation of ideas, over the notion of innate ideas or traditions.

Observation

The action or process of closely monitoring or noticing something or someone.

Philosophy

The investigation into the essential characteristics of understanding, the real world, and being.