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    Foundations of Financial Management Study Set 3
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    Exam 1: The Goals and Functions of Financial Management
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    With a Subchapter S Corporation
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With a Subchapter S Corporation

Question 52

Question 52

Multiple Choice

With a Subchapter S corporation


A) income is taxed as direct income to stockholders.
B) stockholders have the same liability as members of a partnership.
C) the number of stockholders is unlimited.
D) life of the corporation is limited.

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