In Which Form of Organization Does the Owner Have Greatest

question 3

Multiple Choice

In which form of organization does the owner have greatest control  

• A) Sole proprietorship
• B) Limited partnership
• C) General partnership
• D) Corporation

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Definitions:

Defined Benefit Plan

A pension plan that promises employees a fixed annual pension benefit at retirement, based on years of service and compensation levels.

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Annual Pension Benefit

The amount of money an individual receives annually from their retirement plan after retiring.

Variable Component

A cost or expense that changes in proportion to changes in a business’s activity level.