What concerns might a loan officer have when loaning funds to a sole proprietorship that he or she might not have when loaning funds to a corporation?

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: In agency theory, shareholders give manager the decision making authority over the firm, thus…

Q: Regarding Nonprofit Accounting, are there rules/policies regarding source documents and receipts for…

A: Not-for-profit bookkeeping alludes to the remarkable arrangement of recordation and detailing that…

Q: What information do financial statement users want to know about a not-for-profit entity?

A: Non profit entity is an entity which is operating to achieve objectives of public welfare and main…

Q: What are two major legal differences between state governments, and businesses, that would affect…

A: Financial reporting is defined as the financial results of the firm that are released for its…

Q: Who makes the financial decisions for a corporation?                   Select one: a. Financial…

A: Financial accountants act as consultant of corporate managers and prepare budgeting and maintain the…

Q: What are the advantages of Internal Financing and give an example of Internal Financing at least 2…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Is the principles for recognizing revenue the same in government accounting and accounting for…

A: Revenue is the economic inflows of benefit in the form of increasing assets or decreasing…

Q: If the corporation is considered as de facto, who can question its existence?   Board of Directors…

A: When corporation is considered as de facto, it means that corporation exist even though it may not…

Q: Pass through. If the corporation is structured as an S corporation, profits and losses are…

A: Meaning of "Passed Through" Status : It is a concept in which the income or loss of an entity is…

Q: Which of the following is correct? 1 It would be cheaper for ABCL to own and pay for the insurance…

A: The question is multiple choice question Required  Choose the Correct Option.

Q: Which of the following statements is true regarding business plans:     A.  A corporation is the…

A: Business plan is a documented strategy that sets out the basic idea underlying a business and its…

Q: The shareholder is usually liable for the corporation’s debts.

A: Shareholders refer to a person or entity who is owning shares in the company’s stock. One…

Q: Which of the following statements is false concerning forms of businessorganization? a. A…

A: There are four forms of business organization: Sole proprietorship Partnership firm Joint-stock…

Q: What is the reason for renewed interest in not-for-profits corporations?

A: Non-profit corporation  owners do not make a profit. The money of a not-for-profit organisation is…

Q: Which of the following forms of business organization can finance its operation through acquiring…

A: There are various forms of business organizations like, General Professional Partnership Single…

Q: When should liabilities for each of the following items berecorded on the books of an ordinary…

A:

Q: Which of the following is true of a "Subchapter S Corporation"? O The corporation is subject to…

A: Business organization is formed to carry out the commercial activities. Some examples of business…

Q: The end-users of banking are: Shareholders Employees only Government Depositors and borrowers

A: Banking company mainly do function of accepting deposits and lending money to borrowers.

Q: How do the responsibilities of private accountantsand public accountants differ?

A: A public accountant works with a public accounting company that provides other companies,…

Q: When may a corporation sell, lease, exchange, mortgage, or pledge all or substantially all of its…

A: ‘’Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Limited liability refers to an owner's liability for which of the following? I. The amount invested…

A: Under limited liability company the shareholders liability is limited only to the extent of nominal…

Q: Which of the following characteristics best describes a corporation?  a. A business with a single…

A: Corporation: The form of business entity ,which is incorporated by state law into a separate legal…

Q: How would the transactions be reconciled if the bad debt allowance is changed to a write-off but the…

A: Introduction: This question stated that the company made the provision or provided for allowance for…

Q: Which of the following is not primary reason why corporation invest in debt . Select one: a. they…

A: There are several reasons why corporate invest in debts or equity. They mainly includes: They have…

Q: Which of the following is not something that corporations can do with their profits?   a. Pay…

A: Corporations are large company or group of companies.

Q: What type of organization primarily offers tax compliance, auditing, and consulting services?A.…

A: There are various forms of business organisation. These are sole proprietorship, partnership and…

Q: Which type of business will most likely have problems with insufficient funds for business? Sole…

A: Partnership is an arrangement by two or more parties to manage and operate a business and share its…

Q: How did the Sarbanes–Oxley Act impact corporations’ financial reports?

A: The sarbanes Oxley act had a significant impact on the corporate governance of the us corporations,…

Q: Can an individual enter into a joint venture with a corporation? how do you account for that?

A: Joint venture can be defined as the business entity that is created by two or more parties that is…

Q: What is the difference between a chairman of the board and a president of a bank? Give example if…

A: The chief executive officer of a business corporation, chosen by its board of directors and…

Q: Which of the following users assesses the attractiveness of investing in a business A. Bank B.…

A: Before Investing in any business users go through the financial statements of the business and other…

Q: How do you differ a public corporation from a private corporation? give examples-names, purpose or…

A: Corporation- A corporation is a legal entity with the identity of a legal person that was formed by…

Q: Do those who are unable or unable to operate under a conventional corporation's limitations have a…

A: Here is the answer:

Q: How does sources of financing affects tax liability of the business? (Focus only one Source of…

A: Corporate funding sources include equity, debt, corporate bonds, retained earnings, term loans,…

Q: Sole proprietorships or corporations: who would you choose to do business with? Why

A: The Answer

Q: Suppose your company raises funds from outsidelenders. What type of agency costs might occur?How…

A: There is a separate clash among the lending and the creditor for the reason that the debtor makes…

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: Agency theory states the fiduciary duty of management towards the shareholders. The duty is to…

Q: The following are examples of related party transactions except * a. Extending credit to officers…

A: Related party transaction (RPT): It implies to the transactions or events that takes place between…

Q: What is bought and sold in the equities market? What’s the difference between an LLC and a standard…

A: Since there are more than one question is posted at a time. As per rule, only one question can be…

Q: e way they account for business-type activities, such as dining halls, gift shops, and admission…

A: Non profit organizations are more important to not-for-profit organisations than development…

Q: What is the primary way a corporation can raise money

A: There are several ways a corporation can raise money.

Q: What is the PRIMARY way a corporation can raise money through EQUITY financing?

A: Equity financing is referred as the fund raising for a company by selling its shares. The person who…