A Disadvantage of Corporations Is That They Are Subject to ________

question 15

Multiple Choice

A disadvantage of corporations is that they are subject to ________, which means that a corporation is taxed on its net income and when the same income is distributed to shareholders in the form of dividends it is taxed again on shareholders' personal income tax returns.

• A) double taxation
• B) dual toll
• C) double duty
• D) double assessment
• E) dual harm

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Definitions:

Assigned Cycle Time

The preset duration within which a particular task or operation must be completed in a production process.

Efficiency

The ability to accomplish a task or goal with a minimum expenditure of time, effort, and cost, often evaluated in terms of productivity.

Cycle Time

The total time from the beginning to the end of a process, including both processing and waiting times.