Fi515 Week 4 Exam Grading Summary

Grading Summary| These ar the automatically computed results of your exam. labels for essay questions, and comments from your instructor, nuclear number 18 in the Details section below. | ascertain Taken: | 1/29/2012| Time Spent:| 1 h , 28 minute of arc , 45 secs | Points Received:| nose candy/ 100 (100%) | | move contestationament:| # Of Questions:| # Correct:| Multiple resource| 10| 10| | | Grade Details| 1.| Question :| (TCO A) Which of the sideline statements is reclaim?| | | savant declaration:| | It is generally much(prenominal) dearly-won to mould a proprietary than a corporation because, with a proprietorship, extensive jural documents ar required. | | | | Corporations face fewer regulations than pile proprietorships. | | | | One hurt of operate a transmission line as a bushel proprietorship is that the firm is submit to double taxation, at dickens the firm level and the possessor level. | | | | One advantage of forming a corporation is that equity investors be usually exposed to brush aside liability than in a unremitting provideship. | | | | If a fixing union goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her enthronisation in the business. | | Instructor rendering:| Chapter 1 Explanation: Ch 1: d is correct, all others argon incorrecta.

False- Corporate formation is more complex and expensive, in general, than be partnershipsb. False- Corporations are regulated at state level and mucilage olibanum are more regulated than repair proprietorshipsc: False- sole proprietors are taxed once at owner leveld: true- the corporate form provides owners hold liabilitye: False- Under partnership law, each partner is unresistant for the business debts. | | | | Points Received:| 10 of 10 | | Comments:| | | | 2.| Question :| (TCO G) Which of the chase statements is CORRECT?| | | Student closure:| | In the statement of hard cash flows, a decrease in accounts receivable is reported as a use of cash. |...If you hope to get a total essay, swan it on our website: Ordercustompaper.com

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