Which of the Following Statements Is CORRECT

question 13

Multiple Choice

Which of the following statements is CORRECT?

• A) Due to limited liability,unlimited lives,and ease of ownership transfer,the vast majority of U.S.businesses (in terms of number of businesses)are organized as corporations.
• B) Most businesses (by number and total dollar sales)are organized as proprietorships or partnerships because it is easier to set up and operate one of these forms rather than as a corporation.However,if the business gets very large,it becomes advantageous to convert to a corporation,primarily because corporations have important tax advantages over proprietorships and partnerships.
• C) Due to legal considerations related to ownership transfers and limited liability,which affect the ability to attract capital,most business (measured by dollar sales)is conducted by corporations in spite of large corporations' less favorable tax treatment.
• D) Large corporations are taxed more favorably than proprietorships.
• E) Corporate stockholders are exposed to unlimited liability.

Comprehend the importance of emotional and mental health in long-term relationships.

Grasp the role of chance events in life trajectories and interpersonal relationships.

Recognize the psychological concepts of generativity and self-disclosure in adult development.

Understand the emotional outcomes for parents as children reach adulthood and leave home.

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Definitions:

Decrease Decimals

A function in spreadsheet software that reduces the number of decimal places displayed in a number.

Number Field

An area or cell in a database or form designated for numeric data entry.

Default Value

The initial value assigned to a variable or input field before user interaction changes it.

New Record

an entry or item that has been added to a database, spreadsheet, or system for the first time.