PRE-TEST_TRUE OR FALSE
Quiz
•
Business, Other
•
12th Grade
•
Medium
Mark Pascual
Used 4+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Business is a passive process.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Tax preparation is more difficult in a sole proprietorship than in a corporation.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A corporation is a separate entity distinct from all the owners.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Your liability as a shareholder is only limited to the amount of your investment
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A partnership may generate funds through selling shares of stocks.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A corporation may be owned by one person
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Handling money for a sole proprietorship is easier than partnership.
TRUE
FALSE
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