Fin 515 - Study guides, Class notes & Summaries
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FIN 515: Final Exam SET 2: WITH VERIFIED QUESTIONS AND ACCURATE ELABORATIONS. GRADED A+
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Question 1.1. (TCO A) Double taxation is a drawback for which of the following types of business organization except? (Points : 5) 
S corporation 
 
 
 
C corporation 
 
 
 
Limited partnership correct answer 
 
 
 
Limited liability company 
 
 
 
 
Question 2.2. (TCO A) Sole proprietorships have all of the following advantages except (Points : 5) 
easy to set up. 
 
 
 
single taxation of income. 
 
 
 
limited liability. 
 
ownership and control are not separated. Correct answer 
 
 
 
 
 
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FIN 515: Final Exam SET 2 2023/2024(AUGUST-NOV QTR): WITH VERIFIED QUESTIONS AND ACCURATE ELABORATIONS. GRADED A+
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FIN 515: Final Exam SET 2 2023/2024(AUGUST-NOV QTR): WITH VERIFIED QUESTIONS AND ACCURATE ELABORATIONS. GRADED A+ 
Question 1.1. (TCO A) Double taxation is a drawback for which of the following types of business organization except? (Points : 5) 
S corporation 
 
 
 
C corporation 
 
 
 
Limited partnership correct answer 
 
 
 
Limited liability company
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FIN 515 MIDTERM EXAM
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FIN 515 MIDTERM EXAM
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FIN 515 MIDTERM EXAM 2023/2024(FALL QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+
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FIN 515 MIDTERM EXAM 2023/2024(FALL QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+ 
1.	(TCO A) In the United States, which of the following types of organization has the greatest revenue in total? 
 
a.	Sole proprietorship 
 
b.	C corporation 
 
c.	S corporation 
 
d.	Limited partnership 
 
 
 
Question 2. (TCO A) Which of the following statements is NOT correct? (Points : 5) 
 
 
 
 
The corporate valuation model can be used both for companies that pay dividends and those that d...
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FIN 515 MIDTERM EXAM 2023/2024(FALL QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+
- Exam (elaborations) • 13 pages • 2023
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FIN 515 MIDTERM EXAM 2023/2024(FALL QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+ 
1.	(TCO A) In the United States, which of the following types of organization has the greatest revenue in total? 
 
a.	Sole proprietorship 
 
b.	C corporation 
 
c.	S corporation 
 
d.	Limited partnership 
 
 
 
Question 2. (TCO A) Which of the following statements is NOT correct? (Points : 5) 
 
 
 
 
The corporate valuation model can be used both for companies that pay dividends and those that d...
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FIN 515 WEEK 8 FINAL EXAM
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FIN 515 WEEK 8 FINAL EXAM
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Comptrollers Fiscal Law - Module I & II Test
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Question 1 
Due to increased operations in Afghanistan, the Army is running low on Hellfire missiles (air launch, antitank missile.) Having exhausted the Missile Procurement, Army appropriation, an enterprising 
comptroller recommends using funds from the Procurement of Ammunition, Army appropriation. His 
argument is that “missiles are a type of ammunition so we can use either.” Can the Army use the 
Procurement of Ammunition, Army appropriation? 
Yes. It is for the war effort so anything g...
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FIN 515 MIDTERM EXAM GRADED A -2022
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FIN 515 MIDTERM EXAM GRADED A -2022
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FIN 515 MIDTERM EXAM 2023/2024(August-Nov QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+
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FIN 515 MIDTERM EXAM 2023/2024(August-Nov QTR) WITH VERIFIED QUESTIONS AND ACCURATE RATIONALE. GRADED A+ 
 
1.	TCO A) In the United States, which of the following types of organization has the greatest revenue in total? (Points : 5) 
Sole proprietorship C corporation 
S corporation Limited partnership 
 
2.	TCO A) A sole proprietorship is owned by (Points : 5) 
one person. 
one or two people, but if there are two owners, they must be married to each other. 
up to 100 owners. up to 64 owners.
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FIN 515 FINAL EXAM, 05 SETS
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FIN 515 FINAL EXAM, 05 SETS
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