The best form of business that Angela should take on is sole
proprietorship. It is classified as the simplest business because this could be
operated by one individual alone, where in the person who manages the business,
is the owner itself. This is the best form of business that Angela should take
on especially when she is tired of having someone to be of higher to her such
as having a boss, and to have a corporate America in general. This is the best
type of business where in no one will tell her of what she needs to do because
it is a business that she owns and managers her own.
Answer:
Sole Proprietorship
Explanation:
Sole proprietorships own all the assets of the business and the profits generated by it. They also assume complete responsibility for any of its liabilities or debts.
Answer:
Unit of account
Explanation:
Money serves three functions :
1. Unit of account : money serves the function of determining the value of a good or service. It is usually assumed that goods that are more highly priced are more valuable that goods that have lower prices
2. Medium of exchange : goods and services can be exchanged for money. For example, if I want to buy a gallon of gasoline and pay 4 seashells, money has served as a medium of exchange.
3. store of value: money can be saved, retrieved and exchanged sometimes in the future
I would say the inventory department.