Most LLCs accept the default status of being taxed like a partnership instead of electing to be
taxed as a corporation.
Indicate whether the statement is true or false
TRUE
Business
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Which one of the following companies is most likely to use job order costing?
A) a gold refinery B) a law firm C) a surfboard manufacturer D) a soft drink company
Business
The generation of cash budgets and and pro forma financial statements are equivalent ways of forecasting financial needs
Indicate whether the statement is true or false
Business