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AICPA CPA-Business Preparation Material
Prepare AICPA CPA-Business Exam Questions
Question No 1:
Fanny and John each own and manage their own companies. Fanny's business is manufacturing freight boxes of all types, and John's business is selling freight boxes to different industries. They decide to combine their expertise and knowledge to produce and sell freight boxes specifically designed for the new airline company that just formed in their city. Which of the following best describes the business formed by the parties?
A. A general partnership.
B. A limited liability partnership.
C. A sole proprietorship.
D. A joint venture.
Answer: D
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Information About AICPA CPA-Business Exam
Vender: AICPA
Exam Code: CPA-Business
Exam Name: CPA Business Environment and Concepts
Number Of Questions: 530
Certification Name: Certified Public Accountant
Exam Language: English
Questions Type: MCQs
Material Format: PDF & Web Practice Test Software