An S corporation must pay federal income tax at the corporate level

Indicate whether the statement is true or false


FALSE

Business

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What does a summary plan description describe?

A. a pension plan's funding, eligibility requirements, and risks B. a set of communications, activities, and facilities designed to change health-related behaviors to reduce health risks C. the type and duration of disability insurance D. the details of a company's health insurance coverage E. the amount of Social Security benefits employees are allotted

Business

When repeating a project for a previous client, a research proposal is not necessary

Indicate whether the statement is true or false

Business

Refer to the selected data provided for Bloom's Garden Center. Which of the following would result from a vertical analysis of Bloom's income statement?

A) The accounts receivable turnover ratio is 6.35 in 2012. B) Gross profit is 50% of net sales for 2012. C) Cost of goods sold increased $20,000 or 11.11% during 2012. D) Net sales is 88.9% of total assets for 2012.

Business

__________ is a values-based style of leadership that motivates employees through faith, hope, and vision.

a. Ethical leadership b. Authentic leadership c. Spiritual leadership d. Servant leadership

Business