Which of the following is a benefit of standardizing business processes?
A) It produces varying results.
B) It enables the business to enforce policies.
C) It provides non-scalable solutions.
D) It allows businesses to take further risks.
B
Business
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Collins Partnership has a December 31 tax year, which is the tax year of its partners. Collins Partnership is not a member of a tiered structure nor has it previously made a Sec. 444 election. If Collins makes a Sec. 444 election, which of the following could the partnership elect as a tax year?
A. September 30. B. March 31. C. June 30. D. December 31.
Business
International business includes all commercial transactions between two or more countries
Indicate whether the statement is true or false
Business