Gbes - Study guides, Class notes & Summaries

Business Management UNIT 3/4 EXAM Questions With 100% Correct Answers 2024 Sole Trader - answerBusinesses owned and operated by a single individual. Advantage: -Owner has complete control over all decisions in the business - The owner has the right to keep all the profits after taxes Disadvantage: - Unlimited liability for business debts - Burden of management and failure all falls to the owner Partnership - answerBusinesses that are owned by a minimum of 2 and a maximum of 20 people. ...

Business Management UNIT 3/4 EXAM Questions With 100% Correct Answers 2024 Sole Trader - answerBusinesses owned and operated by a single individual. Advantage: -Owner has complete control over all decisions in the business - The owner has the right to keep all the profits after taxes Disadvantage: - Unlimited liability for business debts - Burden of management and failure all falls to the owner Partnership - answerBusinesses that are owned by a minimum of 2 and a maximum of 20 people. ...

Sole Trader - Answer Businesses owned and operated by a single individual. Advantage: -Owner has complete control over all decisions in the business - The owner has the right to keep all the profits after taxes Disadvantage: - Unlimited liability for business debts - Burden of management and failure all falls to the owner Partnership - Answer Businesses that are owned by a minimum of 2 and a maximum of 20 people. A partnership may be made orally or written. Advantage: - Combined...

The nurse notes that a client has been experiencing a somatic delusion. Which statement led to this conclusion? - Ans - "My stomach has disintegrated." A somatic delusion is a false belief that one has a disease or a physical defect. A delusion about being a person of importance is a grandiose delusion. A delusion about death is a nihilistic delusion. A delusion that others are out to cause personal harm is a paranoid delusion. A 12-year-old child who has a history of school failure and dest...

Business Management UNIT 3/4 EXAM Questions and Answers ( Graded A) Sole Trader - ANS- Businesses owned and operated by a single individual. Advantage: -Owner has complete control over all decisions in the business - The owner has the right to keep all the profits after taxes Disadvantage: - Unlimited liability for business debts - Burden of management and failure all falls to the owner Partnership - ANS- Businesses that are owned by a minimum of 2 and a maximum of 20 people. A partne...

VCE Business Management Unit 3 & 4 Exam Revision Questions With Solutions VCE Business Management Unit 3 & 4 Exam Revision What is a business? A lawful organization involved in the provision of goods and/or services to consumers to earn a profit. business type - sole trader The individual owner of a business who is entitled to keeping all profits, as they are legally and financially responsible for all aspects of the business but are liable for all losses. - Owner has full c...

What must your erosion control plan adhere to?Erosion control plans must adhere to the 2003 EPA Construction General Permit (or local standards, whichever is more stringent). What is a Phase I Environmental Site Assessment?A Phase I Environmental Site Assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. How is a Phase II Environmental Site Assessment more in depth?A Phase II Environmental Site Assessmen...

What must your erosion control plan adhere to?Erosion control plans must adhere to the 2003 EPA Construction General Permit (or local standards, whichever is more stringent). What is a Phase I Environmental Site Assessment?A Phase I Environmental Site Assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. How is a Phase II Environmental Site Assessment more in depth?A Phase II Environmental Site Assessment is...