Services are ____.
A. Provided by a person or technology for benefit of another person.
B. Intangible
C. All of these
D. Often purchased with physical goods
C. All of these
Business
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Major, a candidate for a graduate degree, received the following scholarship awards from the university in 2016: $10,000 for tuition, fees, books, and supplies required for courses $2,000 stipend for research services required by the scholarship What amount of the scholarship awards should Major include as taxable income in 2016?
a. $0 b. $2,000 c. $12,000 d. $10,000
Business
A corporation and a limited partnership are similar in that each passes profits or losses to its owners for tax purposes
Indicate whether the statement is true or false
Business