Which of the Following Organization Forms Accounts for the Greatest

question 27

Multiple Choice

Which of the following organization forms accounts for the greatest number of firms?

• A)"S" corporation
• B)Limited partnership
• C)Sole proprietorship
• D)"C" corporation

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Definitions:

Financing

The process of providing funds for business activities, making purchases, or investing, through various means such as loans, credit, or investment.

Previously Owned

Refers to items or assets that have been owned by another party before the current owner.

Loan Payment

The act of paying back a borrowed sum of money to a lender, typically including both principal and interest components.

Compounded Quarterly

The process of applying interest to both the initial principle and the accumulated interest from previous periods on a quarterly basis.