Colloquialisms can be:
a. considered as slang.
b. a barrier to communication.
c. used in informal speech.
d. All of the answers are correct.
d
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Adequate backups will protect against all of the following except
a. natural disasters such as fires b. unauthorized access c. data corruption caused by program errors d. system crashes
The two parts of a corporation's stockholders' equity section are contributed capital and retained earnings
Indicate whether the statement is true or false
The factor that most distinguishes a Subchapter S corporation from a "C corporation" is:
a. its organizational structure. b. its treatment of shareholders for income taxation purposes. c. its requirement of restrictive transfer rights of the shares. d. its small cost of formation.
The business form that is taxed as a partnership and gives all owners limited liability, is:
a. a close corporation. b. a limited partnership. c. a limited liability company. d. a general partnership.