Which of the Following Statements Is(are)true

question 59

Multiple Choice

Which of the following statements is(are) true?

• A)Corporations are not able to take deductions and expenses available to the proprietorship or partnership.
• B)Distribution of dividends is taxed once,as income of the corporation.
• C)Bonuses,incentives,and profit sharing are allowable ways to distribute income of the corporation.
• D)Corporate tax may be higher than the individual rate.

---

Definitions:

Establish Credibility

The process of earning trust and respect through demonstrating knowledge, honesty, and reliability.

Business Presentation

A formal display or exhibition of information to stakeholders, typically aiming to inform, persuade, or build goodwill.

Educational Level

The highest degree or stage of education an individual has completed.

Audience Analysis

The process of examining the demographics, preferences, needs, and challenges of the intended audience to ensure effective communication.