The Form of Business Organisation That Accounts for Just Over

question 22

Multiple Choice

The form of business organisation that accounts for just over 80 percent of western sales revenues is the

• A) sole trader
• B) partnership.
• C) corporation.
• D) joint venture.
• E) syndicate.

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Definitions:

Filing

The process of submitting documents, typically to a government or regulatory body, in accordance with legal requirements or procedures.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and protecting investors.

Accounting Profession

This refers to the field involving the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations.

EDGAR

The Electronic Data Gathering, Analysis, and Retrieval system used by the U.S. Securities and Exchange Commission (SEC) for the submission of documents.