Which of the following form of business organization is least regulated?

Related Mcqs:

During the accounting period, sales revenue is Rs. 25,000 and accounts receivable increases by Rs. 8,000. What will be the amount of cash received from customers for the period?

A. Rs. 33,000 B. Rs. 25,000 C. Rs. 17,000 D. Rs. 8,000...

Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date?

A. Income Statement B. Balance Sheet C. Cash Flow Statement D. Retained Earning Statement...

Quick Ratio is also known as_______________?

A. Current Ratio B. Acid-test Ratio C. Cash Ratio D. Solvency Ratio...

Auditing is what?

A. Reporting the financial information B. Examination of financial statements C. Preparation financial statements D. maintaining the ledger records...

If the total liabilities of a business decrease by $5000 what will be the effect on total asset?

(assuming the amount of capital remain same) A. Remain constant B. Decrease by $5000 C. Increase by $5000 D. Increase by $10,000...