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Author Question: What are three fundamental differences between a C Corporation and an S Corporation? What will be ... (Read 91 times)

joe

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What are three fundamental differences between a C Corporation and an S Corporation?
 
  What will be an ideal response?

Question 2

Explain how performance appraisals relate to compensation.
 
  What will be an ideal response?



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tennis14576

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Answer to Question 1

The purpose of this question is to reinforce to students the differences between a C Corporation and an S Corporation. Three fundamental differences between these two corporation types are:

1) Limitations on the number of allowed shareholders

2) Differences related to income taxes due on distributed versus non-distributed profits

3) Variation in personal income tax rates to be paid on operational profits

Answer to Question 2

Employees are typically informed about compensation increases during performance appraisal sessions. These meetings should focus on the extent to which employees met or exceeded agreed-upon standards. These sessions should also be used to set expectations for the next appraisal period.




joe

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Reply 2 on: Aug 10, 2018
YES! Correct, THANKS for helping me on my review


cpetit11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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