Multiple Choice
The income earned by sole proprietorships is
A) taxed twice.
B) not taxable.
C) taxed as personal income.
D) too high.
E) audited less often than others.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following is not a
Q49: The decision-making process in a partnership tends
Q69: The government usually will scrutinize high-profile mergers
Q74: The type of corporation represented by organizations
Q83: While corporations account for the majority of
Q83: Partnerships have fewer regulatory controls than corporations.
Q84: Sole proprietorships are taxed as<br>A)A partnership<br>B)Individual owner's
Q85: A business's legal form of organization has
Q86: Sole proprietorships typically employ fewer than 50
Q91: The following is an advantage of a