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jenyasd209 [6]
3 years ago
6

Which of the following statements is CORRECT?a. One of the disadvantages of incorporating a business is that the owners then bec

ome subject to liabilities in the event the firm goes bankrupt. b.Sole proprietorships are subject to more regulations than corporations. c.Sole proprietorships are subject to more regulations than corporations. In any type of partnership, every partner has the same rights, privileges, and liability exposure as every other partner.d. Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. e.Corporations of all types are subject to the corporate income tax. Cheers Inc. operates as a partnership. Now the partners have decided to convert the business into a regular corporation.
Business
1 answer:
mel-nik [20]3 years ago
5 0

Answer:

Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones.

Explanation:

Sole proprietorships have a few advantages over different business substances. They are anything but difficult to frame, and the proprietors appreciate sole control of the business benefits. In any case, they likewise have disadvantages, the biggest of which being that the owner is personally liable for all business losses and liabilities.

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If a business offers both routine and specialized​ services, a single cost driver rate will​ overprice: A. the specialized servi
Svetlanka [38]

Answer:

D. the routine service.

Explanation:

Single cost driver rate: It is a cost assigned to each unit of cost driver activity directly. Cost driver also influence other business activity and effect the total cost incurred.

In the given case, Business offer both routine and specialized service, as we know single cost driver influence driver directly, therefore, cost driver of specialized service will overprice the routine service.

6 0
3 years ago
Opportunity cost is defined as A. the monetary expense associated with an activity. B. the highest valued alternative that must
Ratling [72]

Answer:

B. the highest valued alternative that must be given up to engage in an activity.

Explanation:

Opportunity Cost is the cost of next best alternative foregone while choosing an alternative.

Eg1: If I like Chapati more than rice & rice more than curd, the opportunity cost of consuming chapati is the next best option i.e rice.

Eg2 : Working as school teacher with salary 20000, next best option salary as coaching tutor i.e 10000 is the Opportunity Cost

A is inapt : Opportunity cost can be monetary or non monetary. Eg2 has monetary opportunity cost. But, Eg 1 has opportunity cost in terms of rice' (sacrifised) satisfaction.

C is inapt : Opportunity cost is only the cost of next best alternative & not all alternatives. Eg1 - Curd i.e 3rd best option after chapati, is not the opportunity cost after chapati.

4 0
3 years ago
Although you may not have received the e-mail we have been informed that the division head of the Finance Department is leaving
Orlov [11]

Answer:

B.

Explanation:

The sentence is too long and it is missing proper punctuations(like a comma). Reading it without punctuation does not provide room for breathing and therefore needs editing. It will be correct if framed like this; Although you may not have received the e-mail, we have been informed that the division head of the Finance Department is leaving at the end of the month. This sentence has a comma in the right place.

8 0
3 years ago
All else constant, an increase in a firm's cost of debt: a. will lower the firm's weighted average cost of capital. b. will resu
Elanso [62]

Answer:

C

Explanation:

will increasethr firm's capital structure weight of dept.

8 0
3 years ago
__________ consist(s) of right and wrong and the morality of choices.
Serga [27]

Answer:

d.) Ethics are the standard of what is right and wrong, and they are based on our values. Being ethical requires a moral judgement, and that's not always easy. Ethical behavior takes courage and has to be practiced.

8 0
3 years ago
Read 2 more answers
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