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Varvara68 [4.7K]
3 years ago
5

A partnership's allocations of income and deductions to the partners are required to be proportionate to the partners' percentag

e ownership of partnership profits in order to meet the substantial economic effect tests.1. True
2. False
Business
1 answer:
olga_2 [115]3 years ago
6 0

Answer:

A partnership's allocations of income and deductions to the partners are required to be proportionate to the partners' percentage ownership of partnership profits in order to meet the substantial economic effect tests.

True

Explanation:

Equity and equality must be put in place as a yardstick to allocate such which would bring a common ground for both parties.

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a. increased available credit

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The policy target of expansionary policy are any of the economic goals of the government, such as economic growth, control of inflation, favorable balance of payment, e.t.c.

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<h3>What is cross-sectional study?</h3>

A cross-sectional study examines data from a group of people at one point in time. Participants throughout this type of research are chosen based on certain variables of interest.

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To know more about the cross-sectional study, here

brainly.com/question/14557972

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