A. Sole proprietorship
B. Partnership
C. Corporation
D. Enterprise
Related Mcqs:
- A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities ?
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation - What is the simplest form of business organization ?
A. Sole proprietorship
B. Partnership
C. Enterprise
D. Corporation - How long will it take money to double itself if invested at 5% compounded annually ?
A. 13.7 years
B. 14.7 years
C. 14.2 years
D. 15.3 years - The original record of a business transaction is recorded in this book_____________?
A. Work book
B. Journal
C. Ledger
D. Account book - An association of two or more persons for the purpose of engaging into a business for profit is called ____________________?
A. Entrepreneurship
B. Partnership
C. Proprietorship
D. Corporation - Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ________________________?
A. Partnership
B. Investors
C. Corporation
D. Stockholders - What represents the share of participation in business organizations?
A. Franchise
B. Partnership
C. Stock
D. Corporation - The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____________________?
A. Yield
B. Economic return
C. Earning value
D. Gain - __________________ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations?
A. Status company
B. Big income
C. Known owners
D. Goodwill - A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ___________________?
A. Cooperative
B. Corporation
C. Enterprise
D. Partnership
