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Exit VCEDump CPA-TEST Certified Public Accountant Test: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, Regulation
Question 23 of 100
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Q23 Single choice

Heather, Erika, and Shelby are members in ABC LLC. Heather works 40 hours per week and Erika and Shelby work 20 hours per week. Heather contributed $30,000 to the LLC and Erika and Shelby contributed

$60,000 each. Erika and Shelby have each originated 45% of the LLC's business and Heather has originated the other 10%.
If ABC were a general partnership, who controls management?

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