Examlex
Which of the following is motivated by an efficiency concern?
Controller
A high-level executive responsible for overseeing the accounting operations of a company, including financial reporting and budgeting.
S-Type Corporations
A special designation that allows profits to be passed directly to shareholders without being subjected to corporate income taxes, but with limitations on number and type of shareholders.
Double Taxation
A situation in which the same income is taxed twice; this commonly applies to corporate income taxed at both the company level and again when distributed to shareholders as dividends.
Treasurer
An officer of a company or organization responsible for managing financial risks, investments, and treasury operations.
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