CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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Accounting Skills Assessment Practice Questions 2023 - Part 10
1. Organizations which combine the limited liability advantage of a partnership are called as?
A) S Type
B) PC
C) LLP
D) None
2. All of the form of business organizations except?
A) Partnership
B) Unlimited Liabilities Companies
C) LLP
D) S type
3. Company with single taxation is called?
A) S-Type
B) LLP
C) Joint Stock Company
D) PC
4. Which of the following business has the burden of unlimited liability?
A) Sole-proprietorship
B) Single member company
C) Public limited company
D) Private limited company
5. Which of the following business entity is collectively known as firm?
A) Sole trader-ship
B) Partnership
C) Co-operative society
D) Company
A) S Type
B) PC
C) LLP
D) None
2. All of the form of business organizations except?
A) Partnership
B) Unlimited Liabilities Companies
C) LLP
D) S type
3. Company with single taxation is called?
A) S-Type
B) LLP
C) Joint Stock Company
D) PC
4. Which of the following business has the burden of unlimited liability?
A) Sole-proprietorship
B) Single member company
C) Public limited company
D) Private limited company
5. Which of the following business entity is collectively known as firm?
A) Sole trader-ship
B) Partnership
C) Co-operative society
D) Company
1. Right Answer: C
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation:
Explanation:
2. Right Answer: B
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: A
Explanation:
5. Right Answer: B
Explanation:
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