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oee [108]
3 years ago
15

Details of the division of partnership income should normally be disclosed in the financial statements.a. Trueb. False

Business
1 answer:
Strike441 [17]3 years ago
8 0

Answer:

a. True

Explanation:

A partnership is a form of business that is owned by 2 or more people through signing of a partnership agreement. Each person is responsible for all the decisions made in the partnership and they share the net income. Details of how the net income is distributed is mentioned in the Partnership income statement. It will be divided equally among the partners as mentioned in the partnership agreement.

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Under the Equal Pay Act:
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Explanation: The Equal Pay Act states that no employer should discriminate based on sex when paying wages for equal work in jobs But that wage differences can be established according to an seniority system (is allowed).

3 0
3 years ago
What is the most fastest car in the world
gtnhenbr [62]

Answer:

Bugatti Chiron Super Sport

Explanation:

The Bugatti Chiron Super Sport can go 304 MPH

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Which of the following people is functioning as a producer?
Natalija [7]

Answer:

D. Simon, who is baking a cake that will be sold in a bakery

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3 years ago
A company received 500 applications for a specific position.30 were given an assignment test. Only 15 were invited to an intervi
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4 0
3 years ago
True or False? The United States does not have publicly financed health insurance specifically for the unemployed.
iren [92.7K]

Answer:

True

Explanation:

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In the event that an employed worker's spouse loses his/her job to lay-off, the insurance premium financed by the active worker for this family coverage should provide basic health benefits to unemployed workers and their dependents because government does not provide for such category of active group except for senior citizens.

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