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Accountıng Iı
Accountıng Iı Deneme Sınavı
Accountıng Iı Deneme Sınavı Sorusu #1112449
Accountıng Iı Deneme Sınavı Sorusu #1112449
I. Proprietorships
II. Partnerships
III. Corporations
For which of the entities above, the cancellation of the entity depends on the death of the owner?
I |
II |
III |
I and II |
II and III |
Yanıt Açıklaması:
The cancellation of the corporation does not depend on the death of any shareholder or their choices to cancel it. In other words, the corporation is a permanent organization. The transfer of the shares, anyone’s death or withdrawal do not put an end to the corporation. The correct answer is D.
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