Which of the Following Is Considered by Accountants to Be

question 117

Multiple Choice

Which of the following is considered by accountants to be a separate entity from its owner(s) ?

• A)Partnership only
• B)Sole proprietorship only
• C)Corporation only
• D)Sole proprietorship,partnership,and corporation

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Definitions:

Paralegals

Trained legal assistants who support lawyers by completing various tasks such as conducting legal research, managing documents, and drafting legal documents, but are not licensed attorneys.

Open-Ended Questions

Questions formulated without a predetermined set of responses, allowing for free and unrestricted answers.

Hostile

Referring to actions or behaviors that are antagonistic, unfriendly, or intended to harm.

Monosyllabic

Pertaining to a word or phrase consisting of only one syllable, often indicating simplicity or minimalism.