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Kathy is following work pattern B by deciding to leave the work force after her children are born.
Corporation
A legal entity that is separate and distinct from its owners, offering limited liability, ease of transferability of shares, and perpetual succession.
Partnership
A legal form of business operation between two or more individuals who share management and profits or losses.
Accuracy of Records
The precision and correctness of recorded financial or operational data in a company's books or databases.
Independent Auditor
An external auditor who examines the financial records and business transactions of a company to ensure accuracy and compliance with accounting standards.
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