What is the simplest form of business organization ?

Related Mcqs:

What market situation exists where there are few sellers and few buyers ?

A. Oligopoly B. Oligopsony C. Bilateral oligopoly D. Bilateral Oligopsony...

A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?

A. P1,549.64 B. P1,459.64 C. P1,345.98 D. P1,945.64...

In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year ?

A. Straight line method B. Sinking fund method C. Sum-of-year digit method D. Declining balance method...

What is a secondary book of accounts, the information of which is obtained from the journal is called ?

A. Balanced sheet B. Ledger C. Worksheet D. Trial balance...

The ability to meet debts as they become due is known as __________________?

A. Solvency B. Leverage C. Insolvency D. Liquidity...