Of the Different Types of Businesses, a Corporation Has the ________

question 116

Multiple Choice

Of the different types of businesses, a corporation has the ________ government rules and the ________ government regulations affecting it.

• A)least; least
• B)least; most
• C)most; least
• D)most; most

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Definitions:

Punch Card

A piece of stiff paper that can be used to contain digital data represented by the presence or absence of holes in predefined positions.

Retention Program

A set of activities or strategies designed by a business to increase the likelihood of a customer continuing to use their service or purchase their products.

Affordable Method

A budgeting technique where the cost of an action or project is determined based on what is financially feasible.

Principal Accounting Method

The main system a business uses to maintain its financial records and prepare financial statements, such as accrual or cash basis accounting.