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.

---

Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values differ from the mean of the data set.

Normal Model

A statistical model representing data that follow a bell-shaped, symmetrical distribution characterized by mean and standard deviation.

Patrol

A patrol refers to the act of moving through an area at regular intervals for security purposes, often conducted by military, police, or security personnel to ensure safety and enforce laws.

75th Percentile

A statistical measure indicating that 75% of the observed values are below this point, showcasing an upper quantile range.