Which of the Following Business Types Is Largest by Number

question 123

Multiple Choice

Which of the following business types is largest by number?

• A)Not-for-profits
• B)Proprietorships and partnerships
• C)Corporations
• D)Government entities

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Definitions:

Office Supplies

Materials and items used in an office for operational purposes, including pens, paper, staplers, and other stationery items.

Purchased

Purchased refers to items or services that have been bought or acquired by payment in various contexts, including inventory, assets, or services for a business.

Straight-Line Method

An accounting method of depreciation where an equal amount of an asset's cost is allocated as an expense each year over its useful life.

Salvage Value

The estimated value at sale of an asset following its period of utility.