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    Taxation for Decision Makers
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    Exam 11: Sole Proprietorships and Flow-Through Entities
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    A Sole Proprietorship
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A Sole Proprietorship

Question 74

Question 74

Multiple Choice

A sole proprietorship:


A) must be owned by an individual.
B) provides basic liability protection for the owner.
C) must use the cash method of accounting.
D) can pay the owner a salary.

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