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    Accounting Study Set 4
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    Exam 1: Introduction to Accounting and Business
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    An Entity That Is Organized According to State or Federal
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An Entity That Is Organized According to State or Federal

Question 177

Question 177

Multiple Choice

An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a


A) proprietorship
B) corporation
C) partnership
D) governmental unit

Correct Answer:

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