All of the Following Are Advantages of Organizing a Business

question 422

Multiple Choice

All of the following are advantages of organizing a business as a sole proprietorship EXCEPT

• A) ease of formation.
• B) limited liability.
• C) ease of decision-making.
• D) single taxation.

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Definitions:

Handling Interruptions

The process of managing disturbances or disruptions in workflow or activities effectively to maintain focus and productivity.

Consolidate Similar Tasks

The strategy of grouping like tasks together to improve efficiency and reduce the time spent switching between different types of activities.

Daily Priorities

The tasks or activities deemed most important to accomplish within a day.

Discretionary Time

Free time available to an individual after all obligations have been met, allowing for personal interests or relaxation.