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Author Question: Annual reports include _____ that disclose additional information about a firm's operations and ... (Read 29 times)

KWilfred

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on: Jul 14, 2018
Annual reports include _____ that disclose additional information about a firm's operations and special circumstances that clarify and supplement the numbers reported on the financial statements.
 A) subpoenas
  B) testimonials
  C) notes
  D) future projections

Question 2

With regard to limited-liability companies, which of the following statements is false?
 A) Many experts believe that an LLC is nothing more than an S-corporation.
  B) An LLC can have no more than 100 stockholders.
  C) An LLC avoids double taxation.
  D) An LLC provides limited-liability protection to the personal assets of the owners.
  E) When compared to regular corporations, there are fewer government regulations that apply to LLCs.


zacnyjessica

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Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

B


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KWilfred

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Reply #2 on: Jul 14, 2018
Correct answers!


zacnyjessica

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Reply #3 on: Jul 14, 2018
Great! Please up vote :D


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