The Profits of a Sole Proprietorship Are

question 88

Multiple Choice

The profits of a sole proprietorship are

• A)taxed twice.
• B)subject to a corporate tax.
• C)not taxed.
• D)exempt from taxation.
• E)treated as the owner's income.

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Definitions:

Analgesic

A category of drugs used to achieve pain relief; also known as painkillers.

Pain

A negative sensory and emotional reaction related to either existing or impending bodily injury, or explained as if such injury has occurred.

Electromyography

A diagnostic procedure to assess the health of muscles and the nerve cells that control them (motor neurons) by recording the electrical activity produced by skeletal muscles.

Abbreviation

The shortened form of a word or phrase used to simplify writing usually followed by a period.