Payroll Is Only a Moderate Expense for Most Small Businesses

question 109

True/False

Payroll is only a moderate expense for most small businesses.

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Definitions:

Parent

A company that holds a controlling interest in one or more subsidiaries, often by owning more than half of their stock.

NCI

Non-Controlling Interest, which refers to the equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Indirect Ownership Interests

Ownership in a company that is mediated through another entity, such as owning a parent company that in turn owns subsidiaries.