Single-Owner Proprietorships Often Unintentionally Exaggerate Their Profits Because They

question 92

Multiple Choice

Single-owner proprietorships often unintentionally exaggerate their profits because they

• A) forget their explicit losses.
• B) look at after-tax instead of pre-tax costs.
• C) pay their bills late and therefore incur large interest charges.
• D) neglect to consider the opportunity cost of the owner's labor.