9053365
Descrição
Quiz por Saharsh Joshi, atualizado more than 1 year ago
|
|
Criado por Saharsh Joshi
mais de 7 anos atrás
|
|
Questão 1
Questão
What are the characteristics of a sole trader?
Responda
-
Business owned between two to 20 people, known as partners
-
Owned and operated by one entity
-
Less control
-
Business which trades shoes
-
Short hours
-
All the control
-
Unlimited Liability
Questão 2
Questão
What are the chaacteristics of a Partnership
Responda
-
Business owned by 2-20 people
-
Can be law firms
-
Don't suffer losses as bad
-
Can have limited liability or unlimited liability
-
Have to share the profits
-
Less control
-
Consultation opportunities
Questão 3
Questão
What are some characteristics of a Private Company
Responda
-
1-50 private owners called shareholders
-
A company which is not willing to show their financial statements
-
Massive in size
-
Small to medium in size
-
Unlimited liability
-
Limited Liability
-
Sometimes family owned
-
Has perpetual succession
-
Doesn't have perpetual succession
-
Listed on the stock exchange
Questão 4
Questão
What are Some Characteristics of a Public Company
Responda
-
Limited number of shareholdes
-
Small companies
-
Have perpetual succession
-
Usually listed on Securities Exchange
-
Can be sued
Questão 5
Questão
Perpetual succession is the business concept where if the founder of the business is rendered unable to un the business, then the business will dissolve
Responda
- True
- False
Questão 6
Questão
A financial statement/[blank_start]balance sheet[blank_end] shows the assets, liabilities, capital. From this we can tell the business' financial position at the time
Responda
-
balance sheet
-
budget sheet
-
Excel Document
Quer criar seus próprios Quizzes gratuitos com a GoConqr? Saiba mais.