Under US tax laws, corporations are taxed on all income, except income from foreign sources
Indicate whether the statement is true or false
false
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Which of the following is a distribution system that uses different channels and communication methods to reach and serve a target market?
A) a vertical marketing system B) a horizontal marketing system C) a hybrid marketing system D) a logistics system E) an intensive distribution system
The real estate agent typically represents
A) only himself or herself, and neither the buyer or the seller of the home. B) only the real estate agency, and neither the buyer or the seller of the home. C) the seller of the home. D) the buyer of the home.
You work for a medium-sized firm that relies upon a small version of a mainframe that is networked with the firm’s desktop personal computers. This is what is known as a/an:
a. mainframe b. microcomputer c. server d. minicomputer e. client/server configuration
Which is true of an S corporation?
A. There can be no more than 50 shareholders. B. There can be only one class of stock. C. A majority of shareholders must agree the company should be an S corporation. D. All of these are correct.