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LUCKY_DIMON [66]
3 years ago
8

A limited partnership account is being opened at your firm. The general partner has provided the partnership tax identification

number and has signed the appropriate paperwork. What other documentation is needed to open the account?
Business
1 answer:
Kobotan [32]3 years ago
4 0

Answer: Partnership Agreement, State Certification, Business name registration, Business bank account name opening.

Explanation:

A limited partnership is a business between two partners; one being the general partner who is accountable for all activities in the business and the other being the Limited Partner who is basically there for the money he invested in the business.

In addition to the tax identification, the Partnership agreement must be drafted so as to clearly describe the structure of the business as well as the role and rights of all partners involved.

The State Certificates which contain details of the business name, and its address as well as the names and addresses of the involved partners and agents is also required. The state would charge a fee to have this certificate registered.

Business Bank Account Name would be needed and it would be recognized as the official account where monies could be paid. An Employer Identification Number is also required if there are employees to be paid.

Business Name Registration - This registration is required when a name which is not the last name of the partners is chosen for the business.

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Answer:

The correct answer is b) Be able to use his or her skills.

Explanation:

Melanie Gollick believes that employees must be able to develop and use their skills to perform work in the hospital. But the use of these skills will depend on the personality of each person and the way they adapt to carry out group work.

Skills refer to a set of skills that each person presents, this ability may be different for each person, for example, a person who works in the health area in a hospital needs to be among their skills, work under pressure, follow instructions, empathy, adaptation, group work, among others.

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<em>I hope this information can help you.</em>

5 0
3 years ago
The intentional, deliberate misstatement, or omission of material facts or accounting data that is misleading and, when consider
maw [93]

Answer:

Financial statement fraud

Explanation:

Financial statement fraud -  it is referred to as the alternations in financial statements that are induced by the company's itself The main reason behind alternation in the financial statements is due to the mislead people dealing with finance and developed the false picture of the company's financial information.

some ways through which financial statement fraud can be done are

- by making false entries

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- inducing false information

6 0
3 years ago
How does an investor receive a return from a zero or very low coupon​ bond? ​(Select the best choice​ below.)
Veronika [31]

Answer:

A. From the appreciation of the bonds

Explanation:

Zero or very low coupon bond do not pay much (coupon) in their life (so C eliminated). They are sold at a deep discount to investor. As time pass, the value of the bond usually increases to approach face value (hence A).

Normally investor still have to pay for the imputed ("phantom") interest that comes from their real return (B eliminated)

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6 0
3 years ago
If consideration is received before a contract is identified and the consideration is nonrefundable, revenue may be recognized i
Studentka2010 [4]

Answer: Any of these answer choice is correct.

Explanation:

You didn't put the options to the question. The options are:

• There is no remaining obligation to transactions goods.

• The contract has been terminated.

• Goods have been delivered.

• Any of these answer choice is correct.

When consideration has been received before a contract is identified and the consideration is nonrefundable, then the revenue may be recognized when:

• There is no remaining obligation to transactions goods.

• The contract has been terminated.

• Goods have been delivered

Therefore, the correct option is any of the answer choice is correct.

3 0
3 years ago
__________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl
Snowcat [4.5K]
I believe your answer is:

Cross Sourcing

Hope it helped!
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4 years ago
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