CSU ACT 330 EXAM 4 2025 QUESTIONS AND ANSWERS
CSU ACT 330 EXAM 4 2025 QUESTIONS AND ANSWERS
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CSU
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CSU ACT 330 EXAM 4 2025 QUESTIONS AND ANSWERS
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Uploaded on: | September 8, 2025 |
Last updated: | September 8, 2025 |
Number of pages: | 14 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
Tags: | CSU ACT 330 EXAM 4 2025 QUESTIONS AND ANSWERS |
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CSU ACT 330 EXAM 4 2025 QUESTIONS AND ANSWERS What are the 4 major business entity types? - ....ANSWER ...-Sole Proprietorship Partnerships S Corporations C Corporations How is a C corp taxed differently from a flow through? - ....ANSWER ...- There is a system of double taxation. The C Corp is considered a tax payer on top of the owners. What is a sole proprietorship? - ....ANSWER ...-An unincorporated business owned by one individual. Where does liability fall for a sole proprietorship? - ....ANSWER ...-The individual owner, as there is not separation between the entity and the individual. ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1