S-Corp's ease of conversion to another business form?

What will be an ideal response?

Ans: May terminate S tax status to become C corporation but cannot reelect S status for five years after.

Business

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Which of the following characteristics would make diversity training more effective?

A. It must be separated from the work context. B. It should be tied to business objectives. C. It should not last for more than a day. D. It should emphasize more on learning skills than behaviors. E. It should be unstructured.

Business

A potential adverse occurrence is called a threat or an event. With respect to threats, which of these statements is false?

A. the potential dollar loss from a threat is called the exposure or impact B. none are false C. the probability a threat will occur is called the likelihood or risk D. the timing of when a threat will occur is called the timeframe or timeline

Business