AF-Quiz 1

Odd Man Out

• a service activity

• an art

• a process

• a science

Odd Man Out

• recording

• classifying

• storing

• summarizing

Odd man out:

• tokens

• computers

• clay tablets

• bullae

Odd man out:

• Sole proprietorship

• Partnership

• Association

• Corporation

Odd man out:

• Service

• Infrastructure

• Manufacturing

• Trading/Merchandising

Odd Man Out:

• Macro

• Medium

• Small

• Micro

Odd Man Out:

• Investing

• Marketing

• Financing

• Operating

Odd Man Out:

• Going Concern

• Periodicity

• Entity Concept

• Stable Monetary Unit

Odd Man Out:

• Consistency

• Objectivity

• Neutrality

• Materiality

Odd Man Out:

• Ease of formation

• Limited access to capital

• Low government regulation

• Limited personal liability