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alex41 [277]
2 years ago
9

Sample answer for brainliest! Most accurate and detailed answer gets brainliest! All answers get 30 points. No guesswork, NO lin

ks, and NO USING A SEARCH ENGINE!
What is business? (At least 1 paragraph. 2 paragraphs or more preferred.)
Business
2 answers:
Stolb23 [73]2 years ago
6 0

Answer:

Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services).need quotation to verify Simply put, it is "any activity or enterprise entered into for profit.

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.

Explanation:

riadik2000 [5.3K]2 years ago
5 0

Answer:

business is something to help out people by giving them money it doesn't matter what the actual thing you are doing but it is basically a online website or store or something or some sort till just make money and talk with people and business business is a lot of things I can't really name all of them because it's just a lot but LOL

Explanation:

sorry I know this is probably a not a probably not a good answer but yeah

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Explanation:

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Based on the information provided within the question it can be said that the correct steps that are used by the FASB in developing GAAP (generally accepted accounting principles) would be the following: issuing a discussion memorandum, issuing an exposure draft, and issuing a statement of principle. This collection of accounting rules was then adopted by the U.S. Securities and Exchange Commission.

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