Match the Type of Business with Their Characteristics Below

question 132

Short Answer

Match the type of business with their characteristics below.
Type of Business
A. Corporation
B. Partnership
C. Sole proprietorship
D. Partnership and sole proprietorship Characteristic
____ 1. Uses withdrawal accounts or drawing accounts.
____ 2. Uses owner capital accounts.
____ 3. Uses retained earnings account.
____ 4. Uses a dividends declared account.
____ 5. Uses a profit ratio to allocate earnings among the owners.
____ 6. Requires a charter.
7. Issues share certificates.
____ 8. Has only one owner.
9. Has a board of directors.
___ 10. Involves more than one owner but has no charter.

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Definitions:

Psychoanalysis

A therapeutic approach developed by Freud that focuses on exploring unconscious conflicts and desires, primarily through patient-therapist dialogue.

Manifest Content

The actual literal content and storyline of a dream as remembered by the dreamer.

Latent Content

The hidden psychological meaning of a dream, as opposed to what the dream actually depicts.

Person-Centered Therapy

A counseling approach emphasizing the client's capacity for self-direction and understanding of their own environment.