Human Resource Capabilities

question 62

Multiple Choice

Human resource capabilities

• A)include the skills to train and develop people.
• B)are generally a firm's greatest resource.
• C)are the distinctive capability of most automobile makers.
• D)b and c.

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Definitions:

Residential Rental Properties

Real estate properties that are leased or rented out to individuals to live in, as opposed to commercial properties.

Flow-Through Entities

Business entities that pass their income, deductions, and credits down to their owners for tax purposes, avoiding taxation at the corporate level.

LLC's

Stands for Limited Liability Companies, a business structure in the U.S. that offers personal liability protection to its owners but can be taxed as a partnership.

S Corporations

A special designation of corporation that allows income to be taxed only at the shareholder level, avoiding double taxation.