ACC 561 Final Exam 2 with Answers
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Acc 561final exam Question and Answers 2021
- Exam (elaborations) • 15 pages • 2022
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Acc 561final exam 
 
Multiple Choice Question 49 
 
Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? 
 
 
 
Harder to transfer ownership. 
 
 
 
Lower taxes. 
 
 
 
Most common form of organization. 
 
 
 
Reduced legal liability for investors. 
 
 
Multiple Choice Question 64 
 
The group of users of accounting information charged with achieving the goals of the business is its 
 
 
 
creditors. 
 
 
 
investors. 
 
 
 
managers. 
 
 
 
a...
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