1988 IRS ruled LLCs would be taxed as _______________ instead of corporations, providing certain requirements are met.

Fill in the blank(s) with the appropriate word(s).

Ans: partnerships

Business

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In the context of corporate ethics programs, which of the following is a function of ethics committees?

A. They develop policies, evaluate actions, and investigate violations. B. They resort to punitive measures to deal with all ethical issues. C. They take disciplinary action against whistleblowers. D. They work to cover the unethical acts committed by the organization. E. They encourage eavesdropping as a means of gathering information about employees.

Business

There is added protection for whistleblowers who report violations of the Sarbane's-Oxley act

A. True B. False

Business