A limited liability company, unlike an S corporation, can have members that are corporations, partnerships, or nonresident aliens
a. True
b. False
Indicate whether the statement is true or false
True
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A trust created by a will to come into existence on the settlor's death is a living trust.
Answer the following statement true (T) or false (F)
Consider the following events for Sophia Incorporated:April 5 Sophia purchases volleyballs for $200 on account.April 6 Sophia advertises a sand volleyball camp for $20 a person.April 12 Thirty people sign up for the camp paying a total of $600.April 21 Sophia hosts the sand volleyball camp.April 23 Sophia pays for the volleyballs purchased on April 5.Under cash-basis accounting, what is the appropriate day to record the expenses related to the sand volleyball camp?
A. April 21. B. April 23. C. April 5. D. April 12.
The timing of the presentment of a prenuptial agreement is part of determining its validity
Indicate whether the statement is true or false
Language and time zone differences can be difficult to ________ as far as their impact on an IT project
A) quantify B) identify C) determine D) document E) all of the above