A(n) ________ is a special form of partnership in which all partners are treated as limited partners with regards to liability.

A. domestic LLC
B. proprietorship
C. LLC
D. LLP


Answer: D

Business

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In 2018 under the rules for minority passive investments in equity securities, which of the following statements is not correct?

A. Cash flows from the purchase and sale of equity securities will be classified based on the nature and purpose of the investment. B. There will no longer be a distinction between trading securities and available-for-sale securities for minority passive equity investments. C. An exception will be for investments where fair value is not readily determinable. D. The income statement and balance sheet treatment will be the same as the current accounting for available-for-sale securities.

Business

On the corporate balance sheet, which of the following would not be disclosed in the equity section?

a. par value; b. number of stockholders; c. number of authorized shares; d. total paid-in capital; e. amount of preferred stock subscribed.

Business

An example of a control over the sales cycle is the authorization of price lists by the appropriate sales and marketing manager

a. True b. False Indicate whether the statement is true or false

Business

All of the following are examples of dark social except:

A. e-mail. B. tweets. C. SMS texts. D. Snapchat.

Business