Answer:
a. Stonewalling
Explanation:
Stonewalling can be defined as refusal to cooperate, be obstructive or evasive.
Stonewalling could result from various reasons, and they could include:
- a genuine belief that the accused is not wrong, as in the question above, i.e. refusal to take responsibility for one's errors,
- a means to quickly dismiss the discussion,
- a fear of where the discussion may lead,
- a belief that the accuser has no desire to resolve the conflict, etc.
Answer:
C
Explanation:
The statement uses an active verb and has clear, concise information that specifically applies to a job rather than a class.
Answer:
the transaction is complete and the goods or services are delivered.
Explanation:
According to generally accepted accounting principles (GAAP), the revenue should be recognized when the goods or services are delivered and the transaction is completed in all respects.
The revenue recognition principle applies when the revenue is realized or earned whether cash is received or not plus it also follows the accrual basis of accounting. Here, realizable means that customer received the product but the payment is made at the later date
Answer:
An S corporation.
Explanation:
The S corporation was formed by Congress, for use by small business owners, offering the best characteristics of both a C corporation and a partnership.
It has become the most popular business entity type in recent years. Numerous studies indicate lower overall taxes are paid when an S corporation is utilized.
Common Characteristics of S and C Corps:
-Same liability protection
-Separate legal entities
-The owners are shareholders
-Long standing case law
-Easy transfer of ownership
-Broader range of deductible expenses
