Which of the Following Is True of Taxes on Amounts

Multiple Choice

Which of the following is true of taxes on amounts withdrawn from a business?

A) Salaries and bonuses received from the business corporation are not considered as expenses to the business.
B) When one withdraws cash from a proprietorship or partnership, these sums are also taxable to that person as an individual.
C) When owners receive a dividend from a corporation, it is taxed only once.
D) The payment of pension plans is not deductible by the business.