Answer: a. the purchase of a personal automobile by the owner using personal funds.
Explanation:
If the owner of a business purchases a car with their own funds, this does not impart equity or indeed any other portion of the business as this is a personal transaction that does not involve the business.
Purchasing a car for the owner's son with cash generated for the business will affect Equity by reducing it. Investment by owners will increase equity and a sale of goods will increase revenue which will affect equity via the net income.
Answer:
sole proprietorship
Explanation:
A sole proprietorship is the most common form of business organization. It's easy to form and offers complete control to the owner
Answer: (D) Procedure
Explanation:
The procedure is defined as the step by step sequence method or activity in which the action are executed for maintaining the various types of operations in the system.
If we follow some procedure then we must follow the similar order of the procedure for performing the given task. When the procedure is repetitive then is known as routine.
According to the given information, the team leaders are follow the standing plans for exporting the order and this scenario is basically refers as procedure.
Therefore, Option (D) is correct.