Sue Folker Wants to Start a New Business Decommissioning Nuclear

question 135

Multiple Choice

Sue Folker wants to start a new business decommissioning nuclear warheads and reactors. The work will involve significant hazards, and Sue is concerned about protecting her personal wealth from any losses the business might incur. If she is to be the majority owner of the business how should she structure it?

• A) As a corporation.
• B) As a general partnership.
• C) As a limited partnership.
• D) As a sole proprietorship.
• E) As a real estate investment trust.

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Definitions:

Supply Chain Management

Supply Chain Management is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Traditional Management Accounting Systems

Accounting practices that focus primarily on financial information and cost control to aid management in decision-making.

Environmental Costs

Expenses associated with the actual or potential deterioration of natural resources, environmental quality, or public health due to production processes or operations.

Operational Performance Indicator

Metrics or measurements used to assess the efficiency and effectiveness of a company's operations in achieving its objectives.