Accounting Chapter 9 H6
Authored by Gina Lundquist
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10th - 12th Grade
Used 16+ times
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41 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A merchandising business that sells to those who use or consume the goods.
corporation
retail merchandising business
sole proprietorship
wholesale merchandising business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that buys and resells merchandise primarily to other merchandising businesses.
corporation
retail merchandising business
sole proprietorship
wholesale merchandising business
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each unit of ownership in a corporation.
articles of incorporation
share of stock
stockholder
corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organization with the legal rights of a person which many persons or other corporations may own.
corporation
sole proprietorship
co-op
partnership
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner of one or more shares of stock.
sole proprietor
partner
shareholder
stockholder
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A legal document that identifies basic characteristics of a corporation.
charter
contract
agreement
articles of incorporation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account in a general ledger that summarizes all accounts in a subsidiary ledger.
contra account
controlling account
subsidiary account
ledger account
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