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    Contemporary Accounting
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    Exam 2: Types of Organisations and the Financial Reporting Framework
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    Which of the Following Is Not True of Sole Traders
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Which of the Following Is Not True of Sole Traders

Question 67

Question 67

Multiple Choice

Which of the following is not true of sole traders?


A) They are one-owner businesses.
B) They are not normally reporting entities.
C) They are separate legal entities.
D) They usually have limited funds at their disposal.

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