Which of the Following Statements Is True Concerning the Differences

question 6

Multiple Choice

Which of the following statements is true concerning the differences between a registered trademark and a registered business name?

• A)It is compulsory to register trademarks but not business names.
• B)It is compulsory to register both trademarks and business names but a registered business name provides more protection.
• C)A registered business name applies across Australia.A registered trade mark applies to one state or territory.
• D)It is compulsory to register business names but not trademarks.

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Definitions:

Retained Earnings

The portion of a company's net income that is not distributed to shareholders as dividends but is retained by the company to reinvest in its core business or to pay debt.

Accounts Payable

The amounts owed by a business to its suppliers or creditors for goods and services received but not yet paid for.

Spreadsheet

A digital tool that organizes data in columns and rows, commonly used for calculations and data analysis.