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    Financial Accounting Study Set 21
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    Exam 1: Overview of Corporate Financial Reporting
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    A Corporation Whose Shares Are Held by a Small Number
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A Corporation Whose Shares Are Held by a Small Number

Question 55

Question 55

Multiple Choice

A corporation whose shares are held by a small number of individuals is referred to as a


A) proprietorship.
B) publicly traded corporation.
C) small business corporation.
D) privately held corporation.

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