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A Sole Proprietor Must File a Certificate with the State

question 30

True/False

A sole proprietor must file a certificate with the state and pay a single organizational fee.


Definitions:

Similar Products

Goods that satisfy the same customer needs or desires and are often interchangeable in use or consumption.

Activities Performed

The actions or operations carried out by an individual or organization in pursuit of certain objectives.

Equivalent Units

A concept used in cost accounting to express the amount of work done on incomplete products in terms of fully completed units of output.

Fully Completed

A status indicating that a task, project, or product has been finished with all necessary requirements met.

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