Author Question: For which organization are owners typically separate from managers and not involved in the ... (Read 76 times)

mspears3 · **on:** Jul 5, 2018

For which organization are owners typically separate from managers and not involved in the day-to-day operations, sometimes resulting in managers making decisions that are not in the best interest of the owner(s)?

A) sole proprietorship
B) partnership
C) corporation
D) sole proprietorship and partnership

Question 2

Purchased goods in transit should be included in the ending inventory of the buyer if the goods were shipped FOB shipping point.
a. True
b. False

Indicate whether the statement is true or false