The ________ is a special type of corporation where profits are distributed to stockholders and taxed as personal income.
A. proprietorship
B. LLC
C. partnership
D. S corporation
Answer: D
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What will be an ideal response?
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Expando Global Corporation, a U.S. firm, establishes a wholly owned subsidiary firm in Germany. In this situation, Expando retains complete ownership of
A. all of the facilities. B. only those facilities in the United States. C. none of the facilities. D. less than half of the facilities.
The government-wide financial statements prepared for a municipality should include assets acquired by the following funds: GeneralFundCapital ProjectsFundInternal ServiceFundEnterpriseFundA)YesYesNoNoB)YesYesYesYesC)NoYesNoNoD)YesNoNoNo
A. Option A B. Option B C. Option C D. Option D