Discuss the three major legal forms of business organisation available to businesses together with their respective advantages and disadvantages.

Q: What is significant influence and what factors are considered to determine if you have significant…

A: Lets understand the basics. Business combination is made by entity by acquiring another entity. It…

Q: Define the term business combination and differentiate across various forms of business…

A: Business combination refers to the combining of two independent firms for a common purpose.

Q: Which of the following accounting concepts considers the investment made by the owner in the…

A: Accounting Principles are the rules and guidelines to be followed by a business while preparing and…

Q: In most important business decisions, there are two key financial considerations.  Which of the…

A: Business decisions are the decisions that are taken by top level management that contains any…

Q: Explain a) Business Entity Principle b) Going Concern Principle c) Historical Cost Principle

A: Business entity principle is an accounting principle that signifies the person who owns the…

Q: Describe the three basic forms of business organization and discuss their advantages and…

A: The three basic forms of business organizations: Sole proprietorship: This form of business is…

Q: Explain the purpose of financial and management accounting within an organisation. provide an…

A: Managerial accounting: Managerial accounting is a system, or a process of gathering and organizing,…

Q: Legal information exposes the Entrepreneur to all rules and regulatory aspects of the business. True…

A: Legal environment is an environment which shows all the rules , laws and regulations that are to be…

Q: What are the types of Businesses according to Nature and differentiate each?

A: Solution Concept Types of business                 There are various types of business ,such as…

Q: What are the three principal forms of business organization? What are theadvantages and…

A: Answer: The three major forms of business organizations are: 1) Sole proprietorship 2) Partnership…

Q: ols to determinate appropriate business decisions under different economic, political and legal…

A: If a firm wants to succeed in the marketplace, it must have a thorough understanding of the factors…

Q: Give an example of situation to show how a business adheres to each of the following accounting…

A: HISTORICAL COST - as per the historical cost concept, every company must record its assets and…

Q: Which one of the following accounting concepts/conventions enables the business to make comparative…

A: Accounting is process of recording the monetary transactions occur during the financial year. It…

Q: Costs directly attributable to a business combination include O general administrative costs. O…

A: business combination means nothing but bringing two separate entities or businesses into one…

Q: Differentiate among the major forms of business organization and describe what you consider to be…

A: Business organisations are setup and organised by people to invest their money, run business and…

Q: In each case below, I have given a goal that a business might have.  What you need to do is to…

A: There are various forms of doing the business, one can opt for any type of business based on the…

Q: Business Law

A: Business law refers to the body of law that governs the working of business, trade, or commerce.…

Q: Describe the three major types of business structures and give some pros and cons of each structure.

A: Business organization: Business organization can be defined as an entity established by one or more…

Q: In accounting, an economic entity may be defined as- a. a business enterprise…

A: The accounting is based on various principles and standards.

Q: Which of the following is one of the four major categories that define the business market? O a.…

A: A business market is such where people are allowed to do business by performing economic activities…

Q: The rules that govern management and legal issues of a business are called A. ordinances B. bylaws…

A: Introduction: Business law, also known as commercial law or mercantile law, is a system of rules…

Q: Based on the advantages and disadvantages of each of the following forms of businesses, give an…

A: A business is formed by the persons who want to start the business and as there are various methods…

Q: Who are the top three most important stakeholders in a business?

A: The three most important stakeholders in an business are

Q: With appropriate examples explain any form of business ownership available to entrepreneurs

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: Differentiate among the major forms of business organization and describe what you consider to be…

A: Major Forms of Business Organization is as follows: 1. Sole Proprietorship  2. Partnership  3.…

Q: Explain the key principles that financial managers use when making business decisions and Describe…

A: A business organization is defined as an entity that is being incorporated with the aim to carry on…

Q: different forms of business organization and the activities performed by each

A: Different forms of Business Organisation and the activities performed by each are discussed…

Q: Define four mechanisms companies use toglobalize their business activities.

A: The four processes through which corporations globalize their business operations are exporting,…

Q: Explain how an understanding of the industry where a company operates can directly impact its succe

A: Introduction : In simple words, industry refers to the collection of commercial activities such as…

Q: It is defined as a business activity or event that affects a business financially

A: Business activities are related to the operations of the business. These activities are of different…

Q: What do entrepreneurs do that distinguishes them from any other person involved in the business?

A: A business is an enterprise entity or an organisation which is present to carry out a variety of…

Q: Why is Accounting Entity Concept an important principle of accounting that a business should follow…

A: The accounting entity concept separates the owners and business entity. They both treated as…

Q: As used in the definition of accounting, an economic entity may be a. a business enterprise b. an…

A: Answer is 'D'.  All of the above An economic entity may be a business enterprise or  an individual…

Q: What are the two essential indicators of a business?

A: The question is based on the concept of indicators of a business. Setting and investigating…

Q: 1. Performance review of a business must compare against A. the performance of a similar business…

A: Performance review is nothing but a comparison of the business performance with an appropriate…

Q: Determine and distinguish the different forms of business activities of business organizations.

A: Business entity is the firm which uses the economic resources for providing the goods and services…

Q: Explain the following for a manufacturing, retail, or service business: The primary purpose of the…

A:

Q: What is business law about and how does it help us?

A: Business laws is also known as commercial law or mercantile law... In doing business the company has…

Q: Fully discuss in detail the characteristics that distinguish entrepreneurs from ordinary business…

A: Entrepreneur An entrepreneur is a person who helps in combining the various factors of production…