9. Which of the following least describes the relatedness of Accounting and Financial Management? A) Both functions take into consideration accountability. B) Both are concerned with the proper preparation and presentation of Financial Statement. C) Both are concerned with the relevance and timeliness of financial information. D) Both deals primarily with financing and investing decisions. 10. Which of the following does not pertain to a Limited Liability Company (LLC) or Limited Liability Partnership (LLP) A) The owners of an LLC are referred to as members, and these owners may be individuals, partnerships, corporations, or other entities. B) LLC is not considered a form of business for tax purposes
9. Which of the following least describes the relatedness of
A) Both functions take into consideration accountability.
B) Both are concerned with the proper preparation and presentation of Financial Statement.
C) Both are concerned with the relevance and timeliness of financial information.
D) Both deals primarily with financing and investing decisions.
10. Which of the following does not pertain to a Limited Liability Company (LLC) or Limited Liability Partnership (LLP)
A) The owners of an LLC are referred to as members, and these owners may be individuals, partnerships, corporations, or other entities.
B) LLC is not considered a form of business for tax purposes so it must file as a corporation, partnership, or sole proprietorship.
C) Both special type of form of business may enjoy the benefits of limited liability.
D) LLCs and LLPs are de facto businesses and are not legally accepted forms of business organization.
11. Which of the following is not an area of Finance?
A) Financial Management
B) Capital Market
C) Investment Management porate Management
D) Corporate Management
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