Why does a sole proprietorship not pay taxes at the business level?
A) It is not a separate legal entity from the owner.
B) It is a small business that is exempted from taxation.
C) It is a not-for-profit organization.
D) It is generally an institution with no business dealings.
A
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Which of the following represent models as visual support?
A) electrical schematics, exploded views, installation instructions B) musical instruments, mechanisms or tools, living creatures C) scaled replicas, life-like reproductions, miniature mockups D) all of the above
Clay Earth Company sells ceramic pottery at a wholesale price of $5 per unit. The variable cost of manufacture is $2.50 per unit. The fixed costs are $6200 per month. It sold 5700 units during this month. Calculate Clay Earth's operating income (loss) for this month.
A) $22,300 B) $8050 C) ($8050) D) ($6200)
Factors that increase an individual's opportunity to commit fraud within an organization include:
a. access to information. b. lack of an audit trail. c. ability to judge performance or quality. d. controls to prevent or detect fraud. e. All of the choices are factors that increase an individual's opportunity to commit fraud. f. None of the choices are factors that increase an individual's opportunity to commit fraud.
Discuss the major strengths of teams