?Identify a true statement about a limited liability partnership (LLP).
A. ?A general partner of a limited liability partnership is responsible for the negligence and irresponsibility of limited partners.
B. ?A limited partner of a limited liability partnership is responsible for the general management of the partnership business.
C. ?A general partner of a limited liability partnership is liable to pay tax on all the partnership income.
D. ?A general partner of a limited liability partnership is personally liable for all business debts.
E. ?A limited partner responsible for the negligence and irresponsibility of general partners.
Answer: D
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What will be an ideal response?
Brant is managing three competing advertising teams within his organization. While there will only be one team picked for the final job, he wants the teams to have an even distribution of power without self-interest, which can reduce team conflict. Which of the five behavioral sciences, related to organizational behavior, could help Brant with this power struggle?
A. psychology B. sociology C. social psychology D. political science
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The final step in the master budget process is preparation of the _________________________
Fill in the blank(s) with correct word