【判断题】If a company chooses the option to report its bonds at fair value, then it reports changes in fair value in its income statement unless the changes are attributable to changes in credit risk.
【单选题】Rebecca Harvey, who works as a marketing executive at a travel company, was recently asked by her manager to provide an update on the campaign she is working on. Instead of giving the manager details ...
【单选题】Autumn wants to start a business. She has two goals. First, she doesn't have much money but she's ready to get business up and running with the least possible hassle and expense. Second, she wants to ...
A.
achieve both goals since this form of ownership is both the easiest to form and the least risky.
B.
meet her first goal since sole proprietorships are easy and inexpensive to form. However, she would expose herself to personal risk because owners of sole proprietorships have unlimited liability.
C.
not achieve either goal since proprietorships are both costly to set up and subject to unlimited liability.
D.
achieve her second goal, since the owners of sole proprietorships are legally protected from losing more than the amount they invest in their company. However, she would find that the start-up costs would be higher than if she had incorporated her business.