You must meet the following educational requirements set by Pennsylvaniaâs State Board of Accountancy in order to become a licensed CPA: 1  Possess a minimum of a bachelorâs degree and complete 150 semester hours of education, that incorporates 24 semester hours in accounting, to include:
Quick Answer. A legal entity name is a term that refers to a group of real people, called natural persons, that acts as one entity for legal matters. Examples of such legal matters include contracts or lawsuits. Legal entities include corporations, unions and political parties. Continue Reading
An entity is a noun, similar to a concept. A table is more of a physical storage of bits and bytes on a computer. If you consider the example of a simple list of people and groups to which they belong, you find that a person can belong to zero, one or more groups, and a group can contain zero, one or more people.