An organization that does not pay income tax on its profits but passes it through to its owners who pay the tax at their individual rates is called a
A. business corporation.
B. flow-through tax entity.
C. tax-free business venture.
D. professional corporation.
Answer: B
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Which of the following is an example of an external communication plan?
a. a company-wide e-mail explaining how to file a grievance with a superior b. an employee drafting a new communication chart for the department c. a department's new outline on drafting press releases d. a memo detailing the company's policy on Internet use
Which of the following is not recorded in factory overhead?
a. depreciation on production machinery; b. indirect labor; c. heat, light, and power; d. direct materials; e. property taxes on a factory building
Cameron is trying to motivate his team to sell the most air-conditioning units within his company. He decides to develop a spreadsheet to show the amount of orders each member of his sales team made within the quarter compared to the other sales teams. Cameron has focused on which characteristic of goal-setting theory?
A. specific goals B. difficult goals C. goal acceptance and commitment D. feedback
Some retailers advertise items at very low prices or even below cost just to get customers into the store. This ________ strategy is prohibited in some states
A) bait-and-switch B) price lining C) predatory pricing D) loss leader pricing E) dynamic pricing