- 1 Marks
FA – Nov 2023 – L1 – SA – Q6 – Partnership Accounts
Identify events leading to changes in partnership agreements
Question
Which of the following events can lead to a change in a partnership agreement?
- A. Introduction of additional capital by a partner
- B. Establishment of a new marketing strategy
- C. Admission of a new partner to the firm
- D. Hiring of additional manager by the Partnership
- E. Implementation of a new financial management system
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