It Is a Disadvantage of ________ That Retained Profits Are

question 16

Multiple Choice

It is a disadvantage of ________ that retained profits are taxed twice. It is a disadvantage of ________ that bad decisions are not checked by the need for consensus.

• A)a sole proprietorship; both a partnership and a sole proprietorship
• B)a corporation; a sole proprietorship
• C)both a partnership and a sole proprietorship; a partnership
• D)a corporation; both a partnership and a sole proprietorship
• E)both a corporation and a partnership; a sole proprietorship

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Definitions:

Subtract

The mathematical process of deducting one number from another.

Correlated

Implies a statistical relationship where two variables move together in some predictable pattern.

Error Terms

Components of a statistical model that represent the difference between observed and predicted values.

Time

The ongoing and continuous sequence of events that occur in succession, from the past through the present to the future.