The Expense Associated with Forming and Maintaining the Company in a Corporation

question 26

Multiple Choice

The expense associated with forming and maintaining the company in a corporation serves as a(n) :

• A) stepping-stone.
• B) disadvantage.
• C) accounting strategy.
• D) advantage.

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Definitions:

Sales Proposal

A written offer from a seller to a prospective buyer, detailing the products or services offered and the terms under which the seller is willing to supply them.

Costs

The amount of money required for the production, acquisition, or maintenance of goods and services.

Business Proposal

A document designed to offer specific goods or services to a prospective client or partner.

Budget

An estimate of income and expenditure for a set period of time, often used as a plan for managing financial resources.