Fi515 Week 4 Exam Grading Summary

Grading Summary| These ar the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, atomic number 18 in the Details section below. | run into Taken: | 1/29/2012| Time Spent:| 1 h , 28 min , 45 secs | Points Received:| snow/ 100 (100%) | | move Type:| # Of Questions:| # Correct:| Multiple weft| 10| 10| | | Grade Details| 1.| Question :| (TCO A) Which of the side by side(p) statements is reclaim?| | | savant issue:| | It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive jural documents ar required. | | | | Corporations face fewer regulations than amend proprietorships. | | | | One hurt of operating a transmission declivity as a sole proprietorship is that the firm is force field to double taxation, at two the firm level and the proprietor level. | | | | One advantage of forming a corporation is that equity investors be usually exposed to slight liability than in a unremitting federation. | | | | If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investiture in the business. | | Instructor description:| Chapter 1 Explanation: Ch 1: d is correct, all others are incorrecta. False- Corporate formation is more complex and expensive, in general, than are partnershipsb. False- Corporations are regulated at state level and gum olibanum are more regulated than sole 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 liable for the business debts. | | | | Points Received:| 10 of 10 | | Comments:| | | | 2.| Question :| (TCO G) Which of the following statements is CORRECT?| | | Student Answer:| | In the statement of cash flows, a decrease in accounts receivable is reported as a use of cash. |...If you pauperism to get! a full essay, swan it on our website: BestEssayCheap.com

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