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Case-Based Critical Thinking Questions
Case 12-1
Chantal is building a kiosk-based Excel application.She wants to make some modifications to the screen elements in order to keep users from being distracted by parts of the application that are irrelevant to her application.She turns to Jason for guidance as she knows he built a similar solution earlier this year.
-Jason explains to Chantal that Excel screen elements fall into general categories.Which of the following is NOT one of the categories into which the screen elements fall?
Capital Contributions
Funds or assets introduced into a firm or partnership by its owners or partners to support the organization's operations, finance its activities, or expand its assets.
Transferable Interests
Transferable interests are the portions of ownership in a business entity that can be transferred or sold from one owner to another.
Limited Partners
Limited partners are investors in a partnership with limited liability to the debts of the partnership, and whose involvement in management is restricted by law.
General Partner
An owner of a partnership who has unlimited personal liability for the debts and obligations of the partnership.
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