Which of the Following Is Most Likely to Be an Idea

question 70

Multiple Choice

Which of the following is most likely to be an idea marketer?

• A) Car salesperson
• B) Airline pilot
• C) Attorney
• D) Abuse counselor
• E) Orthodontist

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Definitions:

Proprietorship

A business structure owned by a single individual, where the owner and the business are legally treated as the same entity.

Accounting Principles

The standardized rules and guidelines that companies are required to follow when reporting financial data, ensuring consistency, reliability, and comparability of financial statements.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' share of the company’s assets.

Owner's Investments

Funds or assets contributed by the owner(s) to the business to increase its capital.