Which Type of Business Has the Least Government Rules and Regulations

question 31

Multiple Choice

Which type of business has the least government rules and regulations affecting it?

• A)sole proprietorship
• B)partnership
• C)corporation
• D)They all have the same set of rules and regulations affecting them.

Learn how to compute key financial ratios such as current ratio, working capital, and quick ratio.

Acquire skills in journalizing various transactions including accrued expenses and payroll calculations.

Gain knowledge in analyzing and recording contingent liabilities related to environmental spills and litigation.

Understand methods to calculate and record employer's payroll taxes based on different scenarios.

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Definitions:

Sender

In communication, the party who transmits a message to a receiver.

Noise

Any unwanted sound or a distraction that interferes with the communication process, affecting the clarity of the message being sent or received.

Communications Channels

The mediums through which information is transmitted from one party to another, including verbal, written, and digital platforms.

Distraction

An event or object that draws someone's attention away from the task at hand or their intended focus.