Business income allocations from an S corporation to its shareholders are self- employment income to the shareholders. a. True b. False

Q: Which of the following is the impact of agency cost?

A: Agency costs are internal costs incurred due to the competing interests of Shareholder i.e the…

Q: dentify each of the following characteristics as being an advantage or a disadvantage of the…

A: A business can be formed and run in different forms. Some of the popular forms are sole…

Q: When a share-based payment transaction is with an employee and others providing similar services,…

A: Share-based payment means where an entity enters into an transactions with the employees and others…

Q: Share premium is an income to the company. Select one: True False

A: Solution: Share premium is the amount in excess of par value received by the company on issue of…

Q: which of the which of the following statements always apply to corporations a. unlimited liability…

A: A business can run through several legal types and forms. Some of the popular forms in which a…

Q: In an S Corporation are the unit holders liable for busin

A: Yes, they are liable for business losses too if they fulfill these requirements.

Q: Explain common forms of business ownership—soleproprietorship, partnership, and corporation—and…

A: A form of business that is owned and controlled by an individual and does not have a separate legal…

Q: Which type of business organization is owned by only one owner? a. Corporation b. Partnership c.…

A: Sole proprietorship: The form of business entity which is owned and managed by an individual is…

Q: Characteristics of a corporation include

A: Shareholders are the owner of the shares issued by the company. They have the power to vote and…

Q: Which of the following characteristics of a corporation limits a stockholders losses to the amount…

A: The stockholders will share loss of corporation.

Q: Define each of the following terms: j. Improper accumulation; S corporation

A: Answer: Improper accumulation is the process of retaining company’s earnings to enable its…

Q: Which type of business organisation has a separated legal entity from its owners, and the owners are…

A: A. Limited Liability Company (LLC) A Limited Liability Company (LLC) is a cross between a…

Q: ________ are a portion of the ownership of a company or cooperation.

A: COLLECTIVELY , SHARES ARE KNOWN AS STOCK AND ONE SHARE OF STOCK REPRESENT PART OWNERSHIP OF A…

Q: What are the benefits of the corporation in comparison with the partnership and proprietorship…

A: A corporation is a separate legal entity owned by the shareholders, who profit from the company's…

Q: If profits are eventually issued as dividends, IAET-subject profits are liable to income tax. False…

A: Tax is a charge which is charged on the taxable income and the dividend tax is the charge which is…

Q: Differentiate between S and C corporations.

A: Answer: An S corporation is like any other company established under state law, except that for…

Q: “Income and Expenditure Account of a Not-for-Profit Organisation is akinto Profit and Loss Account…

A: A profit & loss statement shows the organization's revenue, expenses, and its profit for a…

Q: Discuss how does the growth and scalability of a sole proprietorship compare to other forms of…

A: When it comes to starting a business, one of the key decisions that entrepreneurs must make is…

Q: Corporate responsibility refers to fulfilling the responsibility or the obligation that a company…

A: Apart from the profit objective, a corporate organization should also work towards the…

Q: Identify the business entity form that does not provide limited liability for its owners. a. limited…

A: A sole proprietorship, a corporation, or a person may own and manage a sole proprietor in the same…

Q: How can we n determine the net income (profits) of the firm mainly for the operating activities?

A: Statement of cash flows: It is one of the financial statements that show the cash and cash…

Q: What ratio is frequently used to assess the efficiency of not-for-profit entities?

A: The ratio of program service expenses to total expenses is frequently used by the analyst in order…

Q: Corporation. Cooperative. Partnership. Oropriotorchin

A: Introduction : In simple words, the given question relates to the multiple forms of business…

Q: Distinguish between these 1. Company vs corporation.

A: Company: A company is a legal entity formed by a group of individuals to engage in and operate a…

Q: Perform an analysis of the impact of “incentive ownership” on the proportion of share ownership and…

A: Equity shares represent the capital of the company. The equity shareholders are considered the…

Q: Shareholder value is defined as a. A company's value utilized prevailingly by creditors  b. A…

A: Shareholder value is the value which is the increased worth generated by a business for its…

Q: An individual provides accounting services to a corporation in exchange for stock. the shareholder…

A: Recognition of revenue - is an important aspect of accounting of revenue to be presented during the…

Q: Stockholders' equity can be described as debtor claim on total assets. creditorship claim on total…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: For business it is difficult to expand and increase the number of branches: O a. Corporation b.…

A: Partnership and corporation businesses have more than one owners and managing personals and they…

Q: What are the main differences in accounting for profit and not for profit organizations?

A: Profit Organizations: When the main motive or the primary goal of a business is specifically to…

Q: Based on your understanding, differentiate the return earned between common shareholder and…

A: Common Shareholders are the ultimate owner's of a company. The return earned by them will be equal…

Q: xplain any three (3) differences between maximising profits and maximising shareholders’ wealth.…

A: A wealth of a shareholder maximizes when the net worth of a company maximizes, which is viewed as a…

Q: Shareholders' equity is the corporate accounting element when we subtracted corporate assets from…

A: Total Assets = Total Liabilities + Shareholders' equity Shareholders' equity = Total Assets - Total…

Q: A shareholder in a company:

A: Shareholders A person or entity who holds the shares or stocks of a company is known as shareholders…

Q: What are the two primary sources arises Shareholders’ equity for a corporation?

A: Stockholders’ Equity Section: It is refers to the section of the balance sheet that shows the…

Q: Which one of the following increases the labour costs to an entity? Select one: O A. Productivity…

A:

Q: Identify one advantage of corporate form of business over a proprietorship

A: Proprietorship, also known as a sole proprietorship, is a type of business ownership where a single…

Q: Explain an example of basic accounting equation for a corporation with shareholders’ equity expanded…

A: Under the expanded accounting equation, the equity is split into four elements.  By doing so, it can…

Q: In which form of business organizations owners are entitled to get dividend as return on their…

A: Business organisation can be set up by various forms like: Sole proprietorship Partnership…

Q: Give the advantages/disadvantages of Share-based payments for services rendered by employees.

A: share based payment is a transactions in which the employees given the options to be subscribe for…

Q: Centralization of managemen Continuity of life Free transferability of owners Limited liability

A: Option C is the correct answer : Statement I,II,III and IV detailed explained below: