For an S corporation to elect to use a fiscal year other than a permitted year, the fiscal year elected must have a maximum deferral period of
A) one month.
B) two months.
C) three months.
D) six months.
C) three months.
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TT TOYS manufactures toys. The company recently started buying paint for its toys from a Chinese firm. This Chinese company is part of TT Toys'
A. corporate vertical marketing system. B. CFPR. C. supply chain. D. distribution center. E. voluntary chain.
A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this way, each farmer is responsible for the average loss of the group rather than the actual loss that each farmer sustained
Which characteristic of insurance is embodied in this agreement? A) pooling of losses B) fortuitous losses C) risk avoidance D) indemnification
In a bilateral contract, communication of acceptance is necessary
Indicate whether the statement is true or false
When a union tries to create negative publicity surrounding an employer's behavior in a labor dispute to get other members of the community (business and financial partners, consumers, politicians, and government) to pressure it to settle it is known as a ________.
Fill in the blank(s) with the appropriate word(s).