Answer:
a. A nonresident alien can be an S corporation shareholder. (However, generally, we can't see non resident aliens owning shares, but it is not illegal.)
c. An S corporation can have more than 100 shareholders, since families are treated as a single shareholder.
Explanation:
A nonresident alien is a person who is not a U.S. citizen and does not pass the green card or substantial presence tests used to determine tax status and citizenship. Foreign Students are a good example for this.
these non residents usually do not hold ownership in corporations.
The term "S corporation" means a "small business corporation".
S corporations limit is 100 members, however, since the family members are treated as "individual one person", the number 100 could change in the practical scenario.
The option d is obviously wrong!
Option b is incorrect as well. Corporations and Partnerships can not own stake in S corporations.
Answer:
D
Explanation:
Studying MGMT 4010 Ch S11 on Quizlet: https://quizlet.com/304737596/mgmt-4010-ch-s11-flash-cards/?x=1jqU&i=utx3h
Answer:
B
Explanation:
Opportunity cost refers to the benefit of something forgone in choosing an alternative.
the opportunity cost of 50 cars equals one airplane
the pairs of points that could be on the United States; production possibilities frontier is 200 airplanes , 12500 cars and 150 airplanes, 15 000 cars.
since 50 airplanes reduction = 50 × 50 cars increment = 2500 cars
Answer:
The correct answe is A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.
Explanation:
A separate management of the registry and custody functions will reduce fraud, since being two tasks where cash is handled, it is likely that if the same person performs both functions, they will end up diverting money for their convenience, which directly affects in the organization and would waste important resources that can be executed in other important areas.
