Quiz 1.docx - Question 1 Correct Mark 1.50 out of 1.50 Flag question Question text(T F A single proprietorship(aka sole proprietorship is an

Quiz 1.docx - Question 1 Correct Mark 1.50 out of 1.50 Flag...

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Question 1CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) A single proprietorship (aka sole proprietorship) is an unincorporated business owned by an individual and often managed by that individual. Select one:True FalseFeedbackCorrect.The correct answer is 'True'. Question 2CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) The income statement shows the profitability of the company and is dated as of a particular date, such as December 31, 2014. Question 3CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) The equity ratio shows the proportion of the company's assets that is financed through investments by the owners.

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