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Author Question: Risks are those events that could have a negative impact on organization objectives. Indicate ... (Read 155 times)

hbsimmons88

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Risks are those events that could have a negative impact on organization objectives.
  Indicate whether the statement is true or false

Question 2

Indicate the form of organization with which each of the following characteristics is associated by putting an X in the appropriate column. More than one form of organization may apply to each.
 
  Characteristic: Sole Proprietorship Partnership Corporation
  1. The ownership is represented by shares of common stock.
  2. The business pays federal income taxes.
  3. The business exposes the owner(s) to unlimited liability.



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mtmmmmmk

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Answer to Question 1

T

Answer to Question 2

Characteristic: Sole Proprietorship Partnership Corporation
1. The ownership is represented by shares of common stock. X
2. The business pays federal income taxes. X
3. The business exposes the owner(s) to unlimited liability. X X




mtmmmmmk

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