Which of the Following Is an Advantage of a Sole

question 87

Multiple Choice

Which of the following is an advantage of a sole proprietorship over other business forms?

• A)tax-exempt treatment of fringe benefits
• B)the deduction for compensation paid to the owner
• C)low tax rates on dividends
• D)ease of formation

Acknowledge the historical backgrounds leading to the development of ethical codes in anthropology.

Classify archaeological finds and features.

Appreciate the goals behind the use of comparative methods in anthropological research.

Understand the principles of calculating operating cash flows (OCF) and the tax-shield approach.

---

Definitions:

Cash Disbursements

The process of paying out cash for various purposes, which could include expenses, investments, or dividends.

Master Budget

A comprehensive financial planning document that includes all of the subsidiary budgets within an organization, projecting its financial activities for the period.

Raw Materials Production Needs

The quantity and type of raw materials required to meet production schedules for finished goods.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to the end consumer.