Which type of corporation is favored by big business, is apt to have a great many shareholders, and has its profits taxed twice?
A) a general partnership
B) a C corporation
C) an S corporation
D) an LLC
E) a B corporation
Answer: B
Explanation: B) A C corporation can have any number of owners (shareholders) and faces two levels of taxation. It is a state-chartered entity that pays taxes and is legally distinct from its owners.
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Research on MBO shows that people are impelled to set more difficult goals when
A. the goals have a significant impact on profitability. B. employees can avoid personal development. C. both management and subordinates participate. D. the goals emphasize corporate social responsibility. E. ethics are not a consideration.
When using a money market hedge, the hedger will immediately convert the currency borrowed into his or her own currency.
Answer the following statement true (T) or false (F)
What are informal communication channels? Explain two types of informal channels and the aspects of each that are useful for managers to understand.
What will be an ideal response?
Cash dividends paid by a corporation:
A. reduce the retained earnings of the corporation that declared the dividend. B. are an expense of the corporation that declared the dividend. C. reduce the net income of the corporation that declared the dividend. D. reduce the retained earnings of the corporation that declared the dividend because net income is reduced by the amount of the dividend.