________ is performed most often to improve the existing software

Jones, Smith, and Bay wanted to form a company called JSB Co. but were unsure about which type of entity would be most beneficial based on their concerns. They all desired the opportunity to make tax-free contributions and distributions when appropriate. They wanted earnings to accumulate tax-free. They did not want to be subject to personal holding company tax and did not want double taxation of income. Bay was going to be the only individual giving management advice to the company and wanted to be a member of JSB through his current company, Channel, Inc. Which of the following would be the most appropriate business structure to meet all of their concerns?

A. Proprietorship. B. S corporation. C. C corporation. D. Limited liability partnership.

Which of the following statements is true about variance?

A) Variance describes how spread out a set of numbers or a value is around its mean or average. B) Variance is essentially the variability from the average. C) The larger the variance, the greater the dispersion. D) All of the above statements are true.