Financial Management Corporate Life Cycle Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The characteristic of corporation that it can continue its work even the owners are decreased can be classified as

1. limited life
2. unlimited life
3. corporate life
4. deceased partnership

MCQ 2: The corporate governance charter of rules of behaving is applicable on

1. competitors
2. shareholders
3. directors
4. all of the above

MCQ 3: An unlimited liability is classified as liabilities of the

1. limited partners
2. general partners
3. venture partners
4. corporate partners

MCQ 4: The type of partnership in which the liabilities are limited for the business owners is classified as

1. unlimited partnership
2. limited partnership
3. joint corporate
4. joint venture

MCQ 5: An inexpensive and easy business formation and few government regulations are the advantages of

1. private corporation
2. personal ownership
3. proprietorship
4. personal business