A limited liability company is treated like a partnership under federal tax law and has the limited liability feature of corporations
Indicate whether the statement is true or false
True
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How long should the optimal investor presentation last?
a. 5 minutes b. 20 minutes c. 30 minutes d. 1 hour
Which of the following statements about trade in textiles is true?
a. It is regulated by the WTO Agreement on Textiles and Clothing. b. It is governed by the Multifiber Agreement of 1974. c. Textiles are not subject to the WTO "Escape Clause" on safeguards and unfair trade. d. It is governed by the basic GATT principles of MFN trade and nondiscrimination.
Pride Company is preparing a segmented income statement, subdivided into departments (billing, purchasing, and telemarketing). Which of the following choices correctly describes the accounting treatment of the firm's compensation cost for key executives (president and vice-presidents)?
A. The cost is not charged to the departments because, although easily traceable to the departments, it is not controllable at the departmental level. B. The cost is charged to the departments. C. The cost is not charged to the departments because it is neither easily traceable to the departments nor controllable by the departments. D. The cost is not charged to the departments because it is both easily traceable to the departments and controllable by the departments. E. The cost is not charged to the departments because, although controllable at the departmental level, it is not easily traceable to the departments.
Two of the most important benefits of a visibility system is that the system is able to correct a supply chain problem and allow employees to become aware of problems earlier to take corrective actions more quickly
Indicate whether the statement is true or false