The general rule regarding income and expense items of a partnership and their classification is:
A. All income and expense items of a partnership that may be treated differently at the partner level must be "separately stated."
B. All income and expense items of a partnership are treated as separately stated items.
C. All income and expense items of a partnership are treated as ordinary income/expense items.
D. All income and expense items of a partnership are treated as capital income or losses.
Answer: A
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When the exchange rate (dollars per pound) falls, the
a. quantity of pounds supplied decreases. b. quantity of pounds supplied increases. c. supply curve of pounds shifts rightward. d. supply curve of pounds shifts leftward.
Employers use preliminary screening interviews to
A) find out as much as possible about each job candidate. B) administer pre-employment profiles and drug tests. C) filter out applicants who're not a good fit for the job. D) make on-the-spot offers to the best candidates. E) determine what they can expect from potential job candidates.
Briefly explain the four types of field sales forces Shapiro identified which are discussed in the text
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Drop shippers physically deliver products directly to customers but offer limited services and require cash payments. 2. A sales branch is a manufacturer-owned wholesaler and is basically a sales force owned by the manufacturer. 3. Agents and brokers are actually wholesalers who do not take title to the products outright. 4. Retailers sell products to wholesalers. 5. Discount stores offer a wide assortment of products but keep services to a minimum.