All of the following are accurate statements about corporations, except
A) a corporation does not compute adjusted gross income.
B) a corporation is not allowed a standard deduction.
C) dividends received from a domestic corporation do not receive any preferential treatment.
D) the limit on the charitable contribution deduction is 10% of taxable income (with certain adjustments).
C) dividends received from a domestic corporation do not receive any preferential treatment.
A corporation is entitled to a dividends received deduction.
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Bar codes are also known as:
A) unique purchase codes. B) universal producer codes. C) unique producer codes. D) universal product codes.
The tone of an email can convey the _________________
a. core of the message b. wrong impression c. unstated sequence of events d. worst kind of news
Anticipation inventory is ______.
A. inventory held in excess of a firm’s cycle stock B. to avoid expected fall in demand C. also called seasonal inventory D. stock-out avoidance inventory
Straight bankruptcy is another term for:
A) Reorganization. B) Discharge. C) Liquidation. D) A consumer debt adjustment.