单选题 A firm's short-term assets and its short-term liabilities are referred to as the firm's:

A、 working capital.

B、 debt.

C、 investment capital.

D、 net capital.

E、 capital structure.

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单选题 A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:

A、corporation.

B、sole proprietorship.

C、general partnership.

D、limited partnership.

E、limited liability company.

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单选题 A business owned by a solitary individual who has unlimited liability for the firm's debt is called a:

A、corporation.

B、sole proprietorship.

C、general partnership.

D、limited partnership.

E、limited liability company.

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单选题 Which of the following individuals have unlimited liability for a firm's debts based on their ownership interest?

A、Only general partners

B、Only sole proprietors

C、All stockholders

D、Both limited and general partners

E、Both general partners and sole proprietors

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单选题 Which one of the following terms is defined as the mixture of a firm's debt and equity financing?

A、Working capital management

B、Cash management

C、Cost analysis

D、Capital budgeting

E、Capital structure

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单选题 A business created as a distinct legal entity and treated as a legal "person" is called a(n):

A、corporation.

B、sole proprietorship.

C、general partnership.

D、limited partnership.

E、unlimited liability company.

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单选题 An example of a capital budgeting decision is deciding:

A、how many shares of stock to issue.

B、whether or not to purchase a new machine for the production line.

C、how to refinance a debt issue that is maturing.

D、how much inventory to keep on hand.

E、how much money should be kept in the checking account.

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单选题 Which one of the following statements concerning a sole proprietorship is correct?

A、The life of a sole proprietorship is limited.

B、A sole proprietor can generally raise large sums of capital quite easily.

C、Transferring ownership of a sole proprietorship is easier than transferring ownership of a corporation.

D、A sole proprietorship is taxed the same as a C corporation.

E、A sole proprietorship is the most regulated form of organization.

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单选题 The decision to issue additional shares of stock is an example of:

A、working capital management.

B、a net working capital decision.

C、capital budgeting.

D、a controller's duties.

E、a capital structure decision.

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