Limited liability limited partnerships (LLLPs) are ________.
A. taxed at the individual partners' level only
B. taxed at the partnership level only
C. double taxed, i.e., at both the partnership level and at the individual partners' level
D. tax exempt
Answer: A
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Statistical techniques that may be used on interval scale data include all of those that can be applied to nominal, ordinal, and ratio data
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) A process costing system is most suitable for businesses that manufacture batches of unique products or provide specialized services. 2) In a process costing system, each process or department has its own Work-in-Process Inventory account. 3) A textile manufacturing company is most likely to use job order costing to arrive at the cost per yard of textile manufactured and sold to customers. 4) Process costing is the most appropriate costing method for a restaurant serving specialty cuisine. 5) Under process costing, direct materials and direct labor are assigned to Work-in-Process Inventory for each process that uses them.
Which sentence lacks parallelism?
A) The seminars will be held on February 14, March 15, and April 1. B) Victoria is proficient not only in word processing but also in database management. C) Our word processing program includes pull-down menus, scroll bars, and sentences can be checked for grammatical errors. D) Students will learn how to write effective messages, make persuasive speeches, and handle themselves in interviews. E) The new smoke detector is both efficient and effective.
Strategic alliances are
A. the best way to help insulate a firm from the adverse impacts of industry driving forces. B. best used to insulate a company from the impact of the five competitive forces. C. collaborative formal arrangements where two or more companies join forces and agree to work cooperatively toward some strategically relevant objective. D. a proven means of reducing the costs of performing value chain activities. E. the cheapest means of developing new technologies and getting new products to market quickly.