[APPENDIX] Which of the following statements regarding partnerships is true?

a. Partnerships must register with the federal government.
b. Partnerships pay taxes to the IRS.
c. Partners must register with the state government.
d. Partners must abide by the separate entity concept and keep their personal assets separate from the partnership assets.


d

Business

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Which characteristic is associated with the database approach to data management?

a. data sharing b. multiple storage procedures c. data redundancy d. excessive storage costs

Business

Subtraction of total operating expenses from sales yields:

a. net income. b. gross margin. c. operating profit. d. all of the above. e. none of the above.

Business

Discuss the rationale for the strategic changes that Fike Europe went through as the company progressed through various stages of internationalization.

What will be an ideal response?

Business

Oceanic Corp. has a written rule or procedure for every circumstance. In other words, Oceanic Corp. emphasizes the standardization of ______.

A. skills B. outputs C. work processes D. propensity

Business