Groups That Are Determined by the Organization Chart and Composed

question 29

Multiple Choice

Groups that are determined by the organization chart and composed of individuals who report directly to a given manager are called ________.

• A) command groups
• B) task groups
• C) cross-functional teams
• D) self-managed teams

Know the characteristics and tax treatment of corporate distributions to shareholders.

Understand the taxation of corporate distributions of property to shareholders.

Gain insight into the special tax treatment and provisions applicable to corporations, including alternative minimum tax and specific deductions.

Recognize the requirements and tax implications of forming a corporation, including the tax-free exchange provision.