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CPA-Business Practice Questions

CPA Business Environment and Concepts Exam Practice Test


Total 106 Pages
Total 530 Questions

CPA-Business Practice Questions

Question# 1

A sole proprietorship would be an ideal form of business to select if:
Choose the Choices:


Question# 2

Formation of which of the following types of business does not require the filing of documents with the state?
Choose the Choices:


Question# 3

Which of the following forms of business can be formed with only one individual owning the business?
Choose the Choices:


Question# 4

Noll Corp. and Orr Corp. are contemplating entering into an unincorporated joint venture. Such a joint venture:
Choose the Choices:


Question# 5

What term is used to describe a partnership without a specified duration?
Choose the Choices:


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