Final Exam Flashcards
1
Q
Type of business organization that is owned by stockholders
A
Corporation
2
Q
Type of business organization that is owned by a few members
A
Limited Liability company
3
Q
Business that makes its own products or buys a product from a manufacturing company to sell to its customers
A
Merchandise company
4
Q
Business that makes a product and sells it to its customers
A
Manufacturer
5
Q
Side of an account that increases by the rules of debit and credit
A
Normal balance of an account
6
Q
Error that results in adding or deleting zeros in the writing of a number
A
Accidental rearrangement of digits of a number
