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The IRS allows LLC members to receive a salary, but the salary must be reasonable compared to the services performed. O True False Spoints You,

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The IRS allows LLC members to receive a salary, but the salary must be "reasonable" compared to the services performed. O True False Spoints You, Mary and joe form Words Have Meaning LLC for editing books artides dissertations, research paper and si documents. Each of you work from bocand.com together weekly at a local Starbuds to discuss the LLC current and new projects. You agree that there is no need for a separate romantica Collectively management the uc The form of ment that you have decided on is best described as manager marcement THE Fale Significant financial decisions that impact a LLC should be documented in resolutions like the documentation required for similar decisions made in a Corporation True False You should register the name of your LLC prior to using it on business cards, stationary or on a business bank account True O False A loan to your LLC is treated as which of the following? O Debt O Income

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