Identify which of the following statements is true.
A) An S corporation cannot own any stock of another corporation.
B) An S corporation cannot own 100% of the stock of another S corporation.
C) An S corporation that owns all of the stock of a Qualified Subchapter S Subsidiary (QSub) must report all the income, deductions, and losses of the subsidiary on its own tax return.
D) All of the above are true.
C) An S corporation that owns all of the stock of a Qualified Subchapter S Subsidiary (QSub) must report all the income, deductions, and losses of the subsidiary on its own tax return.
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Which of the following would most likely be treated as an activity in an activity-based costing system?
A) direct labor cost B) machine processing C) direct materials cost D) sales revenues
Communication characterized by one-way communication, sent by large organizations to usually large audiences, through channels that work fast is known as ________ communication.
a. Targeted b. Mass c. Big d. Instant
Difficult customers should be ignored until their attitude improves
Indicate whether the statement is true or false
International investment portfolios can increase volatility in foreign exchange markets because:
A. They can be highly speculative and short-term focused. B. They are too focused on long-term return rates. C. There are too many investors in the market. D. The markets lack competition and creates inefficiencies that result in rate fluctuations.