Hewlett-Packard and Microsoft are examples of__________?
Correct answer: D. Corporation
- A. Limited corporate business
- B. Unlimited corporate business
- C. Controlled corporate business
- D. Corporation
Explanation
Hewlett-Packard and Microsoft are legally organised as corporations, separate from their owners and managed through a formal corporate structure. The other choices are not standard classifications for these companies.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
Type of financial security in which firms do not borrow money rather lease their assets is classified as____________________?
Ability to trade at net price very quickly is classified as___________?
Price of stock that companies observe in financial markets is called____________?
A price for equity is called______________?
Document in a corporation which consists of amount of stock, name and addresses of directors is classified as_____________?
Financial security with low degree risk and investment held by businesses is classified as________________?