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Based on the fact that Jean and Beverly manage different sections of the business, the business organization they operate is a Partnership.
<h3>What business are Jean and Beverly operating?</h3>
Jean and Beverly can be said to be operating the business of a partnership as both of them are in charge of separate parts of the business but work together for the company's success.
<h3>Which other type of business would suit them?</h3>
Another type of business organization that might suit Jean and Beverly is a limited liability company. The main advantage of this is that it puts their personal assets out of danger in case the company fails.
Unfortunately, their accounts will become public record as anyone can access it from the Companies House.
<h3 /><h3>What type of incorporation should they do?</h3>
Jean and Beverly may one day expand to other provinces so they should go for a federal incorporation to avoid the hassle of having to incorporate in every province they expand to.
Find out more on types of business ownerships at brainly.com/question/26356434
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The main functions of accounting are to keep an accurate record of financial transactions, to create a journal of expenditure, and to prepare this information for statements that are often required by law. The most basic function is to record the data.
The express powers of a corporation come from which three sources?
A.) U.S and state constitutions
B.) State laws
E.) The articles of incorporation
F.) The bylaws
