<u>Answer:</u>Option 2 limited liability partnership
<u>Explanation:</u>
Limited Liability partnership (LLP) is a hybrid between a corporation and partnership firm. LLP has more than one partner and some partners liabilities are limited as well as protected from other partner's liability. They also do not pay income taxes. The profits and deductions of the company are taken by the partners individually.
The LLP should have minimum two partners and maximum is not a limit. If there is any financial loss for the business it need not be borne by the partners.
In the <u>Resource Allocation</u> stage of selecting information technology projects, organizations select information technology projects.
Explanation:
The first step of a planning process to align the information technology strategic plan to the organization's overall strategic plan
The<u> project planning stage</u> refers to that stage of project planning which involves , selecting information technology projects, organizations and defining the scope of the project , benefits, and constraints of the same
The <u>business area analysis</u> stage of information technology planning outlines business processes that are central/important in achieving strategic goals and helps determine which ones could most benefit from information technology.
So,it is in the <u>Resource Allocation</u> stage of selecting information technology projects, organizations select information technology projects.
The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe
Answer:
$37,000
Explanation:
The following costs were incurred in a recent period
Direct Materials $33,000
Depreciation on Factory Equipment $12,000
Factory Janitor's Salary $23,000
Direct Labor $28,000
Utilities for Factory $9,000
Selling Expenses $16,000
Production Supervisor's Salary $34,000
Administrative Expenses $21,000
Therefore, the total amount of period cost can be calculated as follows
Total amount of period costs = Selling expenses + administrative expenses
= $16,000 + $21,000
= $37,000
Hence the total amount of period costs for the above period is $37,000
C serve only as investors, as general partners take on all the risk and operation of the company, while limited partners invest their money, but don’t take part in the decisions of the company.
Hope this helps!
