If the Partnership Agreement Specifies Salaries to Partners Interest on Partners

question 74

Multiple Choice

If the partnership agreement specifies salaries to partners interest on partners' capital and the remainder on a fixed ratio and partnership net income is not sufficient to cover both salaries and interest

• A) only salaries are allocated to the partners.
• B) only interest is allocated to the partners.
• C) the entire net income is shared on a fixed ratio.
• D) both salaries and interest are allocated to the partners.

Understand the role of realistic job previews in employee retention and satisfaction.

Recognize the importance of leveraging technology in recruitment processes.

Understand issues related to workplace diversity and inclusion within mentoring programs.

Comprehend the impact of internal and external recruitment on an organization's dynamism and employee morale.

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