Because It Has Only One Owner, Any Sole Proprietorship Is

question 119

True/False

Because it has only one owner, any sole proprietorship is permitted to elect the cash method of accounting.

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Definitions:

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Sensation

The process by which sensory receptors and the nervous system receive and represent stimulus energies from the environment.

Chemoreception

The physiological response of a cell or an organism to chemical stimuli in the environment.

Perception

The process by which sensory information is interpreted and organized to understand and interact with the environment.