Which Transaction Affects the Other Adjustments Account on an S

question 47

Multiple Choice

Which transaction affects the Other Adjustments Account on an S corporation's Schedule M-2?

• A)Payroll penalty.
• B)Unreasonable compensation.
• C)Life insurance proceeds (nontaxable to the recipient S corporation).
• D)Taxable interest.
• E)None of the above affects the OAA.

Comprehend the process theories of work motivation and factors influencing work motivation.

Identify and explain the factors that influence supervisor's attributions regarding employee performance.

Understand the role of task identity in job satisfaction according to Hackman and Oldham's model.

Recognize the processes of selective and social perception in organizational settings.

---

Definitions:

Treaties

Formal agreements between sovereign states or between sovereign states and international organizations, typically ratified by the legislative bodies of those entities.

Senate

The upper house of the United States Congress or of a state legislature, responsible for making and passing laws.

Necessary and Proper Clause

A provision in the U.S. Constitution granting Congress the power to pass all laws necessary and proper for carrying out its enumerated powers.

National Government

The political authority that governs an entire nation, as opposed to local or state governments.