The division of partnership income should be based on an analysis of the correlation between the __________________ and ______________ committed to the ?rm by individual partners and the income that subsequently is generated

a. Capital and labor
b. Investment and Assets
c. Labor and Investments

d. Capital and Contributed Capital

a

Business

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Employees that do not receive overtime pay are called

a. subcontractors. b. exempt employees. c. supervisors. d. subordinates.

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Once a privilege has been granted to a role, it cannot be revoked without re-creating the role

a. True b. False Indicate whether the statement is true or false

Business