The advantage of a limited partnership business structure as opposed to a corporate business structure is:
A. flow-through of gain and loss
B. centralized management
C. lower risk of audit
D. limited liability
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The advantage of a limited partnership business structure as opposed to a corporate business structure is: A. flow-through of gain and loss ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Who uses DTP? administrative assistants journalists small-business owners all of the above none of the above
Answers (1)
Adam and Alyssa are equal partners in the PartiPilo Partnership. The partners formed the partnership three years ago by contributing cash. Prior to any distributions.
Answers (1)
The retail card and gift shop chain that Heidi started has since been incorporated. Which of the following best describes the limited liability that Heidi has as the primary stockholder in this corporation? A.
Answers (1)
On august 31 of the current year, the assets and liabilities of gladstone, inc. are as follows: cash $30,000; supplies, $600; equipment, $10,000; accounts payable, $8,500.
Answers (1)
A company in panama pays for a u. s. architect to design a factory building. by itself this transaction a. increases u. s. imports and so decreases the u. s. trade balance. b. increases u. s. exports and so decreases the u. s. trade balance. c.
Answers (1)
New Questions in Business
Lasso Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $ 200 Direct labor 80 Manufacturing overhead (30% variable) 150 Selling expenses (50% variable) 50 Administrative expenses (10%
Answers (1)
The Titan retires a $24.6 million bond issue when the carrying value of the bonds is $22.2 million, but the market value of the bonds is $28.3 million. The entry to record the retirement will include: Multiple Choice A credit to cash for $22.
Answers (1)
Amy Lambert's home is insured for $85,000 and her detached garage is destroyed by a windstorm. She hopes to collect $11,850 under her homeowner's policy. What will happen?
Answers (1)
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $201,000 of raw materials on credit; issued materials to production of $198,000 of which $27,000 were indirect.
Answers (1)
Noura Company offers an annual bonus to employees (to be shared equally) if the company meets certain net income goals. Prepare the journal entry to record a $15,000 bonus owed (but not yet paid) to its workers at calendar year-end.
Answers (1)