All of the following are classified as flow-through entities for tax purposes except
A. S corporations.
B. partnerships.
C. limited liability companies.
D. C corporations.
Answer: D
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Making repairs and modifications to the system is known as:
a. systems implementation b. systems maintenance c. post-implementation review d. systems operation
Which of the following statements is true of consumer promotions?
A) Their primary objective is to persuade resellers to carry a brand. B) They include a wide range of tools like samples, coupons, and refunds. C) They include the use of display allowances. D) They are primarily used to generate business leads and reward customers. E) They include the use of conventions and trade shows.
For a principal to be liable for contracts that an agent signs on their behalf there must be a clear written agreement between the principal and the agent
Indicate whether the statement is true or false
The term multinational corporation is used to describe a firm that operates in two or more countries.
Answer the following statement true (T) or false (F)