Answer:
B. Corporation
Explanation:
A Corporation is formed about by at least one person.
A coparation is a separate legal entity.
Owners of a corporation usually have limited liability ; they have no personal liability for the firm's debts.
In a limited partnership, some partners have unlimited liability.
A sole proprietorship is owned by a single person, the business isn't a separate legal entity and the owner has unlimited liabilities.
In a general partnership, partners have unlimited liabilities.
The answer in the space provided is vertical dimension of a
firm’s structure. This is a structure in which a manager is being relied on or
the one who is responsible of executing a command in means of having to control
the employees and the task that they should do.
The company can't afford to pay their employees. If you have 100$ you can have ten people working for 10$ an hour and pay everyone for one hour. You can't have 10 people getting paid 20$ because the company would lose money. So if they are paid 20$ per hour, the company can only afford to hire 5 employees.
Answer:
Explanation:
FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.
The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).
The economy usually enters into DEMAND PULL INFLATION. This situation is usually describes as too much money chasing too few goods. Demand pull inflation is characterized by increase in the prices of goods and services, increase in real gross domestic product and decrease in unemployment.
