Jessica's Jumpin' Jelly Beans, LLC, is a limited liability company. Unless indicated otherwise on Jessica's federal tax form, the firm will be taxed as
A. a cooperative.
B. a corporation.
C. a joint venture.
D. a partnership.
Answer: D
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Richard is unambitious and prefers spending most of his time by himself. His colleagues consider him aloof and insecure. He finds it difficult to work under high pressure and often blames his colleagues. According to the Big Five personality dimensions, Richard's personality is
A. high in surgency. B. high in adjustment. C. low in agreeableness. D. high in openness to experience.
The revenue recognition principle does not pertain to long-term contracts, franchises, commodities, and installment sales
a. True b. False Indicate whether the statement is true or false
This question contains two parts; be sure to answer both. First, explain the two core principles of TQM and the assumptions underlying each. Second, suppose you are the commissioner of your local parks department. Your job is to ensure that your city, town, or county had open park spaces for the residents to enjoy. Apply each of the two core principles to your management of the parks department.
What will be an ideal response?
Functional benchmarking
A. is used to determine best practices regardless of industry. B. is not very useful for organizations with a divisional organizational structure. C. restricts the search for best practices to competitors. D. is useful when researching industry-specific standards.