The two primary personal financial statements include the personal balance sheet and a credit card payoff statement.

What is an example of an external environment force?

A. All of these B. Political C. Economic D. Social

Bonanza Real Estate Ventures was formed under a state's version of the Revised Uniform Limited Partnership Act. It has three general partners and 1,100 limited partners. The limited partnership interests were offered to the general public at $5,000 per interest. Julie Kay purchased a limited-partnership interest. As such, she

A. Cannot assign her limited-partnership interest to another person without the consent of the general partners. B. Is entitled to interest on her capital contribution. C. Is a fiduciary vis-a-vis the limited partnership and its partners. D. Must include her share of partnership profits in her taxable income even if she withdraws nothing.