Officers Who Are ________________ Are Given Authority and Enabled to Make

question 61

Short Answer

Officers who are ________________ are given authority and enabled to make decisions.

---

Definitions:

Schedule E

A tax document utilized to declare earnings and deficits from real estate rentals, royalty payments, partnerships, S corporations, estates, and trusts.

Schedule D

A form used with IRS tax returns to report capital gains and losses from transactions of capital assets.

Schedule K-1

A tax document issued for an investment in partnership entities, used to report the income, losses, and dividends of partners.

1099-MISC

An Internal Revenue Service (IRS) tax form used in the U.S. to report payments made in the course of a trade or business to individuals who are not employees.