PACE Exam Questions and Answers (Graded A+)

PACE Exam Questions and Answers (Graded A+)
Question 1: What are assets?
CORRECT ANSWER: resources controlled by
company
Question 2: What are the basic elements of a balance
sheet?
CORRECT ANSWER: assets
liabilities
stockholder equity
Question 3: What is a sole proprietorship?
CORRECT ANSWER: 1 person owning company
Question 4: What is a partnership?
CORRECT ANSWER: 2 or more owners
Question 5: What is a corporation?

PACE Exam,PACE Test,PACE Flashcard,PACE quiz,PACE Practice,PACE Practice test,PACE Practice flashcard,PACE Practice exam,PACE Study guide,PACE Practice questions,PACE Questions,PACE Practice questions and answers,PACE Questions and answers,PACE pdf,PACE quizlet,PACE reddit,PACE Answer sheet,PACE Answer key,PACE Pdf free,PACE Exam help,PACE Cheat sheet,PACE quiz bank,PACE Questions bank,PACE Practice Guide,PACE Guide,PACE Testbank,PACE Practice Answers,PACE Answers,PACE Exam prep,PACE Prep,PACE Pdf download,PACE Flashcards,PACE Real questions,PACE Actual questions,PACE Real Questions and answers,PACE Actual Questions and answers,PACE Exam review,PACE Review,PACE Exam questions,PACE Exam questions and answers,PACE Practice test pdf,PACE Practice test quizlet,PACE Practice test Reddit,PACE Practice test quizlet multiple choice,PACE Exam study guide,PACE Practice test free,PACE Test questions,PACE Exam study guide,PACE Practice exam free,PACE Practice tests free,PACE Exam practice test,PACE Exam test questions,PACE Exam questions and answers,PACE Exam practice test