How does a limited liability company (LLC) differ from a Subchapter S corporation?

A) An LLC is taxed at a higher rate than a Subchapter S corporation.
B) There is no limit on the number of members in an LLC, whereas a Subchapter S corporation limits the number of members.
C) An LLC is taxed as a corporation, whereas a Subchapter S corporation is taxed as a partnership.
D) The liability limit for members of an LLC is higher than that for a Subchapter S corporation.

B

Business

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Nearly a year ago Mary acquired her first accounting job with an accounting firm after finishing her undergraduate degree in accounting and passing the CPA exam. While counseling with Oakland city paving, Mary quickly noticed the lack of accounting understanding that only by employees but also buy most of the mid-level managers. Her recent education is a big help to the company and she's been approached by several of the managers to share some of her knowledge and understanding with other employees. The CEO has encourage her to start a series of short semi formal sessions that share some of her accounting knowledge with others. Mary thinks A good place to start would be to clarify what the process of_______entails: collecting, analyzing, and reporting financial information

A. Bookkeeping B. Accounting C. Depreciation D. Auditing E. Journalizing

Business

Explain several options a company has for adopting a global targeting strategy for a brand

What will be an ideal response?

Business