Multiple Choice
What type of legal entity do many entrepreneurs use and why?
A) Sole Proprietorships due to the ease of initially setting up an organization.
B) C Corporation due to its accounting system and financial reporting information.
C) C Corporation due to its ability to finance with both debt and stock.
D) LLC due to its tax advantages and the limited liability aspect to owners.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: QBO SatNav divides QBO into which of
Q11: QBO Help and Support:<br>A)Is essentially the same
Q12: The QBO Create (+)icon lists various transactions
Q13: To access every transaction that has impacted
Q14: Why is it important to align QBO
Q15: QBO SatNav allows the user to view
Q16: QBO Reports is a process included in
Q18: Which of the following statements is true
Q19: Which of the following statements are NOT
Q20: Accounts Receivable is:<br>A)Amounts owed from customers.<br>B)Amounts owed