Answer:
A. Sources of funds for a sole proprietorship typically include personal savings, as well as raising funds from a bank or personal loans from friends and family.
C. The sole proprietor is personally responsible for all debt of the sole proprietorship.
Explanation:
- In a sole proprietorship business organisation type, the individual is the total owner of the assets and liabilities in the organisation.
- The operations of the organisations are solely determined by him or her.
- The survival of the business solely depends on the actions of the sole proprietor.
Answer:
The correct answer to the following question is option C) control over sales discount .
Explanation:
Sales and Collection cycle is also know as RRR cycle ( which is Revenue, Receivables and Receipts cycle ), which includes many classes of transaction, but the primary ones are sales and cash receipts . This cycle refers to the process which begins with customer buying product or service and ends when business receives payment.
When auditors test the internal control for this cycle they're concerned with controls over cutoff, controls related to allowance for uncollectible accounts and controls that prevent embezzlements .
Answer:
The President can make laws and go anywhere he wants with permission from the supreme court and the law, also he would have to make an appointment, for example : he cant just walk into a military base while they are testing planes. For laws he can make them and if they get declined by the supreme court he can Veto which would let the law pass immediately
Explanation:
Answer:
1 is equalivent to A.) Seminal Vesicle