Which of the Following Statements Is TRUE for a Proprietorship

question 122

Multiple Choice

Which of the following statements is TRUE for a proprietorship?

• A)Legally,a proprietorship is separate from the proprietor.
• B)For accounting purposes,a proprietorship is separate from the proprietor.
• C)For accounting purposes,a proprietorship is not separate from the proprietor.
• D)A and B

---

Definitions:

Company Service Manager

An individual responsible for overseeing and maintaining the quality of customer service within an organization.

Home Appliance Salesperson

An individual who specializes in selling household devices intended for regular use.

Freelance Service Person

An individual who offers their professional services on a contract or project basis, not tied to any single employer.

Making a Complaint

The act of expressing dissatisfaction or reporting a problem regarding a service, product, or experience, usually to seek resolution.