Arkansas Barber Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Arkansas Barber Exam with our interactive quiz that includes flashcards and multiple choice questions. This resource is designed to help you master the concepts needed to succeed in your licensing test.

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

In a sole proprietorship, the owner receives all ________.

  1. profit

  2. Debt

  3. Shares

  4. Liabilities

The correct answer is: profit

In a sole proprietorship, the owner is the only one responsible for the business and receives all of the profits. Choices B, C, and D are incorrect because in a sole proprietorship, the owner does not have any shareholders or investors to distribute profits to, does not accumulate debt through the business, and is solely responsible for all liabilities.

More Questions Like This