Identify Which of the Following Statements Is True

question 62

Multiple Choice

Identify which of the following statements is true.

• A)Shareholders who acquire stock in an S corporation after the election date and prior to the election's effective date must consent to the election.
• B)S corporation consent by shareholders is binding on the current tax year and all future tax years.
• C)Only shareholders who own stock on the date an S election takes effect must consent to the election.
• D)All of the above are false.

Comprehend the impact of globalization on management practices and human resource policies.

Recognize the evolution of factories and mass production, including their effects on workers and management systems.

Identify the characteristics and benefits of a virtual workforce.

Understand the functions and benefits of a Human Resource Information System (HRIS).

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Definitions:

Relationship Building

The process of establishing and maintaining positive connections with others, often characterized by trust, understanding, and cooperation.

Objective Attainment

The process or strategy employed to achieve specific goals or targets set by an individual or organization.

Management By Objectives (MBO)

A strategic management model where objectives are defined by managers and employees to ensure that everyone is working towards common goals.

Subordinates

Employees or team members who are in a lower position or rank than others and typically report to a supervisor or manager.