A partner's self-employment earnings (loss) may be affected by her share of ordinary business income (loss) and any guaranteed payments she receives. The impact of these amounts typically depends on the status of the partner. Which of the following statements correctly describes the effect these items have on the partner's self-employment earnings (loss)?A) General partner - only guaranteed payments affect self-employment earnings (loss).B) General partner - ordinary business income (loss) and guaranteed payments affect self-employment earnings (loss).C) Limited partner - only guaranteed payments affect self-employment earnings (loss).D) Limited partner - only ordinary business income (loss) affects self-employment income (loss).E) Both General partner - ordinary business income (loss) and guaranteed payments affect self-employment earnings (loss) and Limited partner - only guaranteed payments affect self-employment earnings (loss).

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Answer 1

There are different form of partnership. The statements that correctly describes the effect these items have on the partner's self-employment earnings (loss) is given below;

Both General partner - ordinary business income (loss) and guaranteed payments affect self-employment earnings (loss) and Limited partner - only guaranteed payments affect self-employment earnings (loss).

A general partner is known to be a type of owner of a partnership and they are said to either be a managing partner or active in the daily operations of the firm.

General partners are mandated to include any guaranteed payments they get and their share of ordinary business income (loss) in their self-employment earnings (loss).

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Related Questions

Randall wants to become a certified public accountant. To accomplish this, he must be certified by the ________ in which he plans to provide accounting services.

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He must be certified by the state in which he plans to provide accounting services.

For a person or an individual to have the license to operate as a certified public accountant such person must be certified by the state in which he or she plans to render accounting service to.

In order to be a certified or qualified public accountant all the necessary requirement must be meant by the person.

The person must sit for the CPA examination and must pass the certified public accountant examination before being certified to operate as one by the state.

Inconclusion he must be certified by the state in which he plans to provide accounting services.

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Each year, you must file ____________________.
1. your federal, state, county and town taxes
2. only your state taxes since federal taxes are filed every four years
3. only your federal taxes since state taxes get filed every other year
4. your federal taxes and state taxes if your state requires it

Answers

According to the Internal Revenue Services and the tax code, each year, you must file "your federal taxes and state taxes if your state requires it"

Individuals are required to pay taxes to the federal government and the state government.

There are various types of taxes available, some of which include the following:

Income TaxPayroll TaxExcise TaxCorporate Tax, etc.

All these taxes are paid to the federal government and state if they require it.

Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."

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Answer: the answer is D

Explanation:

The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these

Answers

The answer here is ‘aging’.

I hope this can help.

if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Answers

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of their age, earnings, and years of service. But the company didn't keep up with technology, and its earnings fell. When the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. What protection will the retirees have in this situation

Answers

Even though the company is no longer able to pay the retirees, they are still protected because The Pension Benefit Guarantee Corporation will pay a basic benefit.

The Pension Benefit Guarantee Corporation:

Was created to protect the pensions of millions of Americans Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them

The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.

In conclusion, The Pension Benefit Guarantee Corporation will pay out something to the retirees.

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the most common definition that monetary policymakers use for price stability is

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Answer:

A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal

Explanation:

PA BRAINLIEST

according to the behavioral approaches to leadership, how should companies create effective managers?

Answers

For companies to create effective managers, companies should: Train managers on task and relationship management.

An effective manager is someone who has the best interest of the company on mind and who has the skills to get things done.

For a manger to be effective it means such manager is task oriented and such person is more concerned on how he or she will more productive and efficient so as to accomplish their task.

Manager should have relationship management skill to build rapport with people or to relate with people regardless of their ethnics, sex, religion.

Inconclusion effective managers should be train managers on task and relationship management.

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_______ structures arrange people with diverse occupational specialties into formal groups based on similar products, clients, or geographic regions.

Answers

Divisional structures arrange people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions.

DESCRIPTION OF THE LAW OF DEMAND

Answers

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded

You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years

Answers

Answer:

Your total balance after 3 years would be $4,658.5 with a total compounded interest of $1,158.5

Identify the parties impacted by the quality and rigor of an organization's corporate governance. What responsibilities do corporate executives have to those parties?.

Answers

The parties affected by the quality and rigor of an organization's corporate governance are the company's stakeholders, that is, its group of employees, investors, customers and the community.

The responsibilities of corporate executives with their stakeholders is to promote development and generate value through their practices, products and services.

Corporate governance encourages the development of an ethical internal environment supported by practices that benefit the development of the company's macro environment, such as environmental protection practices and social development programs.

Therefore, a company that adopts corporate governance is capable of creating value for stakeholders, increasing the transparency of its processes and reliability, generating greater positioning and competitiveness.

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According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.

Answers

Principal rate is the amount which is gotten after parameters like the interest which is inversely proportional to the time multiplied by the rate of the amount for a specified amount of time.

Mathematically, it is represented as Principal= Interest/Time x Rate

As a result of this, we can see that the principal rate is a part of the parameters which is used to calculate the Simple Interest of a specified amount of money for a certain amount of time.

Please note that your question is incomplete so I gave you a general overview so that you would get a better understanding of the concept.

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Answer:

C. $669

Explanation:

Teller's checks and personal checks are classified as
O A. drafts
O B. obligors
C. notes
D. certificates

Answers

The awnser to the question is A Drafts

Answer: they are classified as  D) certificates

Explanation:


Josue is determined to play the saxophone in the school band. How could joining the band benefīt his college or career
O It demonstrates his passion for helping others.
O It gives him military experience
O It provides extra spending money.
O It shows that he is creative.​

Answers

Answer:

I personally would say D: It shows that he is creative.

Explanation:

Mostly because it makes sense, playing a saxophone wouldnt show his passion for helping others, nor give them military experience. Note it also says that how it benefits of his collage or career, so why would he spend money on anything? Most obvious answer would be D.

Sorry if I'm wrong but its a shot in the dark that I'm willing to make, it just looks and sounds right.

Which sentence describes an incident report? A. Ginger writes a report requesting her manager to purchase new desk chairs. B. Gillian writes a report evaluating the performance of a conveyor belt at a plant. C. Stefania writes a report evaluating fingerprints that will be used in a legal case. Rafi writes a report on the quality of a new cell phone before it goes on the market. D. E. Ajay writes a report documenting a customer's angry outburst in a restaurant.​

Answers

Answer:

e

Explanation:

it most likely make sense its e because c is forensics and an incident report is usually when an incident/scene happens and everything seems like positive situation besides e

Emmanuel thrives when he is assigned to projects that are mostly self-directed. He can be trusted to work on the project independently and check in with his supervisor as needed. Emmanuel also prefers to be paid incentives for quality work. Emmanuel likely has

Answers

Based on the information given about Emmanuel, it can be deduced that he has an internal locus of control.

Locus of control simply means the degree to which individuals believe that they have control over the outcome of events.

Locus of control simply infers that the outcome of actions are the result of one's abilities. Since Emmanuel thrives when he is assigned to projects that are mostly self-directed, and can be trusted to work independently, he has an internal locus of control.

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1. A company wants to build a new voting kiosk for sales to governments around the world. Which IoT technologies should the company choose to ensure the highest degree of security

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Based on the situation described in the question, the IoT technology that the company should choose to ensure the highest degree of security is "Azure Sphere."

This is because Azure Sphere is the operating system that Microsoft designs to ensure the dealers of Internet of Things devices increase their security by incorporating a specific system on a chip.

Azure Sphere is known for its protection, high-level application functionalities, and well built-in communication and security traits for internet-connected devices.

Hence, in this case, it is concluded that the correct answer is "Azure Sphere."

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A method of cost assignment where a cost can be associated to the particular cost object in an economically feasible way is called ________.

Answers

Answer:

indirect costs

Explanation:

costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way. cost assignment. general term for assigning costs, whether indirect or direct.

I hope it helps.

When a company issues no-par common stock, the ______. Multiple select question. cash inflow is classified as a financing activity

Answers

When the company issues no-par common stock, then, the:

entire amount of the proceeds will placed in Common Stock account. the cash inflow will be classified as a financing activity.

The no-par common stock is a stock issued without a par value.

The value of the no-par common stocks is determined by price that the investors want to pay on the open market.

In conclusion, the entire amount of the proceeds will placed in Common Stock account and the cash inflow will be classified as a financing activity.

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P.Y.F. ("Pay Yourself First")
P.Y.F. stands for "pay yourself first," and
it's a very simple, effective idea. You don't
have a choice about paying taxes. Yes, you
can control the amount to some degree,
but the government still gets its taxes.
P.Y.F. is the secret to getting what you
want and becoming a disciplined saver.
Saving is simply setting aside money to
spend later. It's the same technique the
government uses to collect income taxes
on a regular basis, although most people
never think of it that way. It's a simple
trick almost every self-made
wealthy person uses, and may
also be one your parents use to
save.
P.Y.F. (pay yourself first) fol-
lows the same principle: don't give your-
self a choice. Make it a regular part of
your budget. Think of it as a bill you owe
to yourself. Why? Because it's the P.Y.F.
money in your plan that helps you reach
your goals. Why not begin today to save
10%, or just one thin dime, from every
dollar you get?
25 heurs I week
Assignment 3.2
Create Your Own Budget
Budget for December
#900
Money coming in:
Work (after taxes)
Gifts/Allowance
Other
Total Income
#1900
Money going out:
Fixed Expenses
PYF
Car payment
Auto insurance
Total Fixed Expenses
Variable Expenses
Gas
Food
Clothing
Fun stuff

Answers

Answer:

Whattttttttttttttttttttttttttttttttttttttttt

yes yes yes yes pur girl boss

Should I stay single?

Answers

Answer:  It is entirely up to you to make that decision. If you want to know, start by asking yourself if being in a relationship  really worth it. Will it have a positive impact on you? If so, I say go for it. However, if your mental health isn't doing well and you're going through a lot, I'd advise you to focus on yourself first.

Explanation: Hoped I helped :)

Which among the 4 common errors that leads to unbalanced account is the HARDEST to resolve. Explain Why.

Answers

The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

Error of Original EntryError of DuplicationError of OmissionError of Entry ReversalError of Principle Error of CommissionTransposition ErrorsRounding Errors etc

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.

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of 4

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000,

paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

pok

2. Complete the first three rows of an amortization schedule. (Do not round intermediate

calculations. Round your final answers to 2 decimal places.)

int

ences

Decrease in

Date

Cash Paid

Interest

Expense

Carrying Value Carrying Value

1/1/2021

$ 150,000.00

1/31/2021

1,819.91

nnnnnnn

4040

< Prev

G2

5 6

7

of 7

Next >

Answers

Answer:

%You can answer that read your books or module you can find the answer

Explanation:

thank u bbb

When prices are sticky in the short-run, the economy is forced to respond to shocks in the economy with changes in:

Answers

Answer:

output and employment

when the fed buys government bonds, the reserves of the banking system

Answers

Answer: increase, so the money supply increases

Explanation:

Which risk is most prominent when buying an umbrella for the rainy season?

A.

social risk

B.

performance risk

C.

psychological risk

D.

financial risk

Answers

Answer:

B.

Explanation:

Due to the rainy season when considering to buy a umbrella the largest risk or concern is how well it will work or its performance.

Answer:

It is NOT C

Explanation:

I had this on a test it is not C!

________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort

Answers

Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.

Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.

The belief that this person has is usually based upon

Self confidencePrior experience

The theory explains that a person is going to be more motivated to perform if their past effort was recognized.

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what do growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade all share in common?

Answers

The thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy.

Macroeconomic policy are those adopted economic policies which aims to ensures a stable economic environment that is conducive to bring strong and sustainable economic growth

So, the thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy

Therefore, the Option A is correct.

Missing options includes "A.main universal goals of macroeconomic policy B. lack of diversity in undeveloped countries in the World C. microeconomic policy goals of developed countries D. microeconomic policy goals of undeveloped countries"

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You are a delivery manager at Blue Bag, a wholesale bakery. The bakery employs two drivers and owns two trucks. Each truck can deliver up to 225 crates of bread per day. The bakery has standing orders for 400 crates a day. As the increasing of your sales, you hire 4 more drivers and own 1 more truck with 2 shifts. Find the increasing percentages to fit with the hires.

Answers

The maximum number of orders the bakery can receive is 675 per day and the percentage of increase is 50%

Taking into account that each truck has a maximum capacity of 225 boxes of bread and that the bakery has 3 trucks. To find the maximum order capacity, multiply the number of boxes of bread by the number of trucks:

225 × 3 = 675

To know what the percentage of increase in the bakery order capacity is, the maximum capacity must be known before acquiring the last truck (450).

Subsequently, to know the percentage of growth with a new truck with respect to the previous capacity, it is necessary to carry out the following operation:

225 × 100 = 22500 22500/450 = 50

According to the above, 225 corresponds to 50% out of 450, that is, the growth in the bakery's order capacity was 50%.

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All ________ are required to be members of the Federal Reserve System. Group of answer choices banks with assets less than $100 million banks with assets less than $500 million state chartered banks national banks chartered by the Office of the Comptroller of the Currency

Answers

The answer is national banks chartered by the Office of the Comptroller of the Currency
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