Typically,LLPs Are Only Popular Among What Type of Business

question 16

Multiple Choice

Typically,LLPs are only popular among what type of business?

• A)restaurants
• B)a sole owner who wants to guard against liability
• C)a professional practice,such as a legal or accounting group
• D)franchises

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Definitions:

Respectfully

Describes an approach or manner that shows esteem or deference towards others.

Budgets

Financial plans that estimate revenue and expenses over a specified future period, used by organizations, governments, and individuals to manage money.

Points Of Control

Strategic locations within a system or process where changes can be applied to influence outcomes or manage flow.

Estimates

are approximations or educated guesses regarding a particular quantity, cost, or measurement, often used in planning and forecasting.