Which Form of Business Organization Accounts for the Largest Proportion

question 93

Multiple Choice

Which form of business organization accounts for the largest proportion of business sales in the United States?

• A)sole proprietorship
• B)partnership
• C)corporation
• D)nonprofit organization
• E)conglomerate

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Definitions:

Production Workers

Employees engaged in the manufacturing process whose primary responsibilities involve producing goods and services.

Projected Cash Flows

Estimates of the amount of cash an investment, project, or business venture is expected to bring in over a given period.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health.

Accounts Receivable

Debts owed by customers to a business for products or services provided but not yet compensated for.