Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 10, 2024

All of the following are characteristics of an LLC, except Multiple Choice An LLC has pass through taxation. An LLC is easy to start up.

All of the following are characteristics of an LLC, except Multiple Choice An LLC has pass through taxation. An LLC is easy to start up. An LLC has simple capitalization procedures. An LLC has limited liability of the owners.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The characteristic that ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing a business risk appraoch

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

6th Edition

9780324645095, 324645090, 978-0324375589

More Books

Students also viewed these Accounting questions

Question

★★★★★

A small consulting company wants to make the switch to QuickBooks Online. All of their expenses are paid at the time they are incurred, so there is no need to track bills in the system. There is only...

Answered: 1 week ago

Question

★★★★★

QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...

Answered: 1 week ago

Question

★★★★★

Multiple Choice Question 1. Management integrity affects all of the following risks except: a. Enterprise risk b. Financial reporting risk c. Engagement risk d. All of the above 2. An external...

Answered: 1 week ago

Question

★★★★★

What are the roles and responsibilities of civil society in relation to the Sustainable Development Goals? In your country, how has civil society been engaged in the dialogue or discussion on...

Answered: 1 week ago

Question

★★★★★

Clay Company started construction on a new office building on January 1, 2017, and it moved into the finished building on July 1, 2018. Of the building's $2,500,000 total cost, $2,000,000 was...

Answered: 1 week ago

Question

★★★★★

Think of a new or revised good or service that you would like to see on the market. Discuss the implications of designing and producing that product relative to legal, profitability, competitiveness,...

Answered: 1 week ago

Question

★★★★★

For the random variable X, we know that P(X = 1) = 12, P(X = 2) = 14, P(X = 4) = 316, P(X = 8) = 116. Then an upper bound for the probability P(X 4) from Markovs inequality is (a) 98 (b)12 (c)34 (d)...

Answered: 1 week ago

Question

★★★★★

Describe the five dimensions of service quality for a dentists office, how performance in these dimensions might be measured and how recoveries might be handled for failures in each of the service...

Answered: 1 week ago

Question

★★★★★

Cyber Security Systems had sales of 3,300 units at $55 per unit last year. The marketing manager projects a 15 percent increase in unit volume sales this year with a 20 percent price increase....

Answered: 1 week ago

Question

★★★★★

Next Step is a student organization run by graduate students in the School of Communication at a large West Coast university. The mission of Next Step is to provide students with opportunities that...

Answered: 1 week ago

Question

★★★★★

Connect Problem CP11-11 (alga) The figure below shows the investment demand curve for a fictitious country. Use the information in the gure to answer the question below. CD Investment Demand 3 1 6 3...

Answered: 1 week ago

Question

★★★★★

2. (34%) The frame is subjected to a vertical 13 kip force at E and a horizontal 10 kip force a B. Neglect the self-weight of the frame. Find the internal forces (axial, shear, and bending moment) at...

Answered: 1 week ago

Question

★★★★★

Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages totaling $70,000 but that...

Answered: 1 week ago

Question

★★★★★

Bob and Marcus are buying a house. They have $22000 for a down payment. The house price is $176000. They have secured a 25 year loan with an annual interest rate of 4.3% compounded monthly, Use Excel...

Answered: 1 week ago

Question

★★★★★

The pin-connected structure consists of two cold-rolled steel [E-26,000 ksil bars (1) and a bronze [E 12,000 ksi) bar (2) that are connected at pin D. Each steel bar has a cross-sectional area of...

Answered: 1 week ago

Question

★★★★★

Use the Dividend Discount Model to calculate the intrinsic value for Pepsi (PEP). Explain your assumptions for the discount rate and the expected dividend growth rate. Use the expected dividend...

Answered: 1 week ago

Question

★★★★★

On October 1, 2019, Paige Turner Publishing received $51,000 in cash for subscriptions covering one year, recording the entry as a debit to Cash and a credit to Unearned Subscriptions. The correct...

Answered: 1 week ago

Question

★★★★★

Government is advised to tax goods whose demand curves are inelastic if the goal is to raise tax revenues. If the goal is to discourage consumption, then it ought to tax goods whose demand curves are...

Answered: 1 week ago

Question

★★★★★

In The Fund of Funds, Ltd. v.Arthur Andersen & Co., Arthur Andersen auditors completed the audit of Fund of Funds with no problems encountered and issued an unqualified opinion. Shortly thereafter,...

Answered: 1 week ago

Question

★★★★★

What is the independence standard? Why is it important that users perceive auditors to be independent? Can an auditor be independent in fact, but not in appearance? Explain.

Answered: 1 week ago

Question

★★★★★

How does compliance auditing add value to an organization?

Answered: 1 week ago

Question

★★★★★

A random sample of 64 bicycle-riding adults in Portland indicated that 24 always wore a helmet while riding. A random sample of 80 bicycle-riding adults in Amsterdam indicated that 18 always rode a...

Answered: 1 week ago

Question

★★★★★

Why, when dealing with two independent samples where you cannot assume the population variances are equal, should the degrees of freedom be adjusted?

Answered: 1 week ago

Question

★★★★★

Examine the following information: a. Construct a 95% confidence interval for 1 2. b. Calculate the test statistic that would be used to determine if 1 - 2 the upper confidence limit. Given this,...

Answered: 1 week ago

Previous Question Next Question