ACC 291 Week 3 Chapter 11 Practice Quiz 1

in Accounting by jacob
Favorite Add it to your favorites and revisit later
  • ACC 291 Week 3    Chapter 11 Practice   Quiz 1
Instant Download
Previewing 1 of 6 total pages.
Trouble downloading?
Copyright complaint
Instant download
Money-back guarantee
Regular Price: $1.43
Your Price: $1.00 (30% discount)
You Save: $0.43

Description

ACC 291 Week 3 - Chapter 11 Practice - Quiz 1

Question 1

Which of the following is not an advantage of a corporation?

Government regulations.

Separate legal existence.

Transferable ownership rights.

Continuous life.

Question 2

Which of the following is a disadvantage of a corporation

limited liability of stockholders.

additional taxes.

transferable ownership rights.

None of the above.

Question 3

Which of the following statements is false?

The stockholders' equity section begins with paid-in capital.

The authorization of capital stock does not result in a formal accounting entry.

Ownership of common stock gives the owner a voting right.

The par value of a share of stock is equal to its market value.

Question 4

ABC Corporation issues 1,000 shares of 10 par value common stock at 12 per...

Comments (0)

You must sign in to make a comment.
J
jacob
@dgoodz
21153
362
Rating:
Published On:
06/21/2015
Print Length:
6 page(s)
Word Count:
691
File Name:
acc-291-week-3-chapter-11-practice-quiz-1-37.doc
File Size:
163.84 KB (0.16 MB)
Sold By:
jacob
Purchased:
0 times
Best Seller Ranking:
#16800

Other items from jacob

Customers also bought

Customers also viewed