Mary purchased the right to use an apartment weeks every year. this is an example of:
a. time share ownership
b. ownership as a tenant in common
c. cooperative ownership
d. a limited partnership
Answer: a. time share ownership
Business
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a. true b. false
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From an internal control standpoint, the asset most susceptible to improper diversion and use is
a. prepaid insurance. b. cash. c. buildings. d. land.
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