Identify which of the following statements is true.
A) A corporation that accrues compensation payable to an employee must pay the amount within two and one-half months after the close of the taxable year to deduct the amount in the year of the accrual.
B) Accrued compensation that is deductible in the year of accrual is considered to be part of an IRS deferred compensation plan.
C) Accrued compensation not paid within three and one-half months after the close of the corporation tax year is deducted in the year following the accrual.
D) All of the above are false.
A) A corporation that accrues compensation payable to an employee must pay the amount within two and one-half months after the close of the taxable year to deduct the amount in the year of the accrual.
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Every year, a manufacturer in Milwaukee, WI, makes raincoats and employs its own fleet of vans to make the product available in stores across coastal Oregon and Washington State just when the rainy season begins in those parts of the United States. The manufacturer is creating ______.
A. form, time, and place utility B. form, time, and exchange utility C. time and place utility, but not form utility D. form and place utility, but not time utility
Venture capital is capital provided to new business ventures by professional, outside investors
Indicate whether the statement is true or false
The external change agent has a comparative advantage over the internal change agent when significant strategic changes must be evaluated.
Answer the following statement true (T) or false (F)
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