1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sedaia [141]
3 years ago
10

Among the states, the law governing limited liability companies is far from uniform because Group of answer choices a limited li

ability company is a hybrid form of business organization. there is no Uniform Limited Liability Company Act. the federal government has not enforced the law uniformly. state limited liability company statutes vary from state to state.
Business
1 answer:
Flauer [41]3 years ago
5 0

Answer: State limited liability company statutes vary from state to state.

Explanation:

States are able to pass their own laws regarding the treatment of certain things within a state and limited liability companies are one of them.

The states have different corporate values and therefore will pass different laws to treat limited liability companies based on these values. These laws and statutes will therefore by extension, vary just as the values vary.

For this reason, the law governing LLCs in the different states is not uniform.

You might be interested in
Financial accounting provides a historical perspective, whereas management accounting emphasizes ________.
Lady_Fox [76]

Financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.

<h3>What is management accounting?</h3>
  • Management accounting can be defined as the provision of financial and non-financial decision-making information to managers.
  • In other words, management accounting aids directors in making decisions within an organization.
  • This is also referred to as cost accounting.
  • This is the method for distinguishing, examining, deciphering, and communicating data to managers in order to help them achieve business objectives.
  • The information gathered includes all accounting fields that educate the administration on business tasks associated with the organization's financial expenses and decisions.
  • Accountants use plans to assess the overall strategy of an organization's operations.
  • Management accounting focuses on the present.

Therefore, financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.

Know more about management accounting here:

brainly.com/question/14727215

#SPJ4

4 0
2 years ago
What is double jeopardy?<br> Explain how this vocabulary<br> word relates to the 5th<br> Amendment.
kykrilka [37]

Double jeopardy is a legal defense which, after a clear acquittal or conviction, does not preclude an accused person from being charged on the same charge again.

Explanation:

The Fifth Amendment to the Constitution states that "no one is twice liable to be targeted at the same offense." The Double-jeopardy Clause bars any second prosecution or conviction and forbids multiple penalties of the same offense.

Double jeopardy does not shield suspects from being charged for multiple offenses, while separate charges are prohibited for the same crime.

For example,  An convicted person could again be charged on the "less included crime" of involuntary killing.

6 0
3 years ago
Use the following information for the next four questions.St. James, Inc. currently uses traditional costing procedures, applyin
Nonamiya [84]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated overhead= $800,000

Total estimated direct labor hours= 4,000

Direct labor hours Beta= 1,200

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 800,000/4,000= $200 per hour

Now, we can allocate overhead to Beta:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 200*1,200= $240,000

6 0
3 years ago
you did not understand what the term accrual meant and failed to accrue the interest due at the end of the year on the​ company'
inysia [295]

If you did not understand what the term accrual meant and failed to accrue the interest due at the end of the year on the company's bonds then the IMA standards that has been violated is competence.

<h3>What is competence under IMA?</h3>

The IMA has set different standards and they have a responsibility to comply and uphold those standards. These standards are:

• Competence

• Confidentiality

• Integrity

• Credibility Failure

The standard of competence requires maintenance of appropriate level of professional leadership and expertise by enhancement of knowledge and skills.

It also requires performing professional duties in accordance with relevant law, rules, regulations and technical standards.

Competence also requires providing decision support information and accurate recommendations which are clear, concise and timely. It helps in recognition and management of risks.

To know more about IMA standards, visit:

brainly.com/question/28189846

#SPJ4

3 0
2 years ago
kristen and harrison are equal partners in the kh partnership. the partners formed the partnership 5 years ago by contributing c
Sauron [17]

Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.

∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>

4 0
3 years ago
Other questions:
  • McGill and Smyth have capital balances on January 1 of $50,000 and $40,000, respectively.
    7·1 answer
  • Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest paymen
    13·1 answer
  • The real risk-free rate is 2.05%. Inflation is expected to be 3.05% this year, 4.75% next year, and 2.3% thereafter. The maturit
    13·1 answer
  • Pear Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below:
    6·1 answer
  • An automobile company with a team who builds cars, a team who tests cars, and a team who sells cars is organized in which way? (
    10·2 answers
  • A blue ocean strategy differs from a low-cost strategy in that A. the intent of a blue ocean strategy is not to be the absolute
    11·1 answer
  • Clear Call Corporation makes phones, which are sold to consumers by DefDeals stores. Erna files a product liability suit against
    6·1 answer
  • Jefferson uses the percent of sales method of estimating uncollectible receivables. Based on past history, 2% of credit sales ar
    8·1 answer
  • 1 Carlos owns a private limited company called BettaBakers Limited. It produces
    10·1 answer
  • A foreign branch bank operates like a local bank, but legally Group of answer choices a branch bank is subject to only the banki
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!