Which of the Following Is NOT True About U

question 104

Multiple Choice

Which of the following is NOT true about U.S.corporations?

• A) The owners have limited liability for the actions of the company.
• B) They account for the majority of business sales.
• C) The typical asset size is in excess of $4 million.
• D) They are the most common type of business firm.

---

Definitions:

Budgeted Cost

The estimated financial expenditure allocated for a project, activity, or operation based on planned activities and resources.

Work Scheduled

A detailed plan that outlines the tasks, timelines, and resources required to complete a project or job.

Metabolic Rate

The rate at which the body expends energy or burns calories.

Thin Person

An individual whose body shape is characterized by low amounts of body fat and lean muscle, often naturally or through lifestyle.