The NAICS coding system allows marketing teams to examine specific industries

Indicate whether the statement is true or false

TRUE

Business

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Facility that intends to lend small sum of money to be used for starting a new business and promoting culture of entrepreneurship is ___________.

A. Macrofinance B. Microfinance C. SME Finance D. Setup Finance

Business

The amount of income taxes ________

A) required by the federal government for a corporation is calculated on a Form 1120 B) paid by the corporation, when it files the Form 1120, is recorded as a debit to the Income Tax Expense account and a credit to the Cash account C) the corporation owes, but has not yet paid, is recorded as a debit to the Income Tax Payable account D) the corporation owes, but has not yet paid, is reported as a long-term liability on the balance sheet

Business