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Which of the Following Entity Characteristics Are Generally Key Factors

Question 24

Multiple Choice

Which of the following entity characteristics are generally key factors for small business owners in deciding which entity to choose?


A) Rate at which income from entity will be taxed.
B) Required accounting period.
C) Liability protection.
D) Both the rate at which income from entity will be taxed and the required accounting period.
E) Both the rate at which income from entity will be taxed and liability protection.

Correct Answer:

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