Multiple choice

1. Sole proprietorships have all of the following advantages except 

A. unlimited life. 

B. ease of liquidation. 

C. profits subject only to a single tax. 

D. ease of formation. 

2. Team diversity is often established in a ________ team, by bringing together the expertise of members from various functions in the organization. 

A. working 

B. cross-functional 

C. self-managed 

D. problem-solving 

3. All of the following are assets except 

A. inventory. 

B. cash. 

C. patents. 

D. bank loans. 

4. If you're developing a human resource inventory, you should exclude which of the following? 

A. Names 

B. Education 

C. Capabilities 

D. Perpetual inventory