..................................................................are fixed amounts paid to partners regardless of whether the partnership shows a profit or loss...
..................................................................are fixed amounts paid to partners regardless of whether the partnership shows a profit or loss for the year?
| A. |
Guaranteed payments |
|
| B. |
Fixed payments |
|
| C. |
Flexible payments |
|
| D. |
None of the above |
Homework Answers
|
Option A is the answer Guaranteed payments |
|
|
Guaranteed payments are fixed amounts paid to partners no matter whether a partnership shows a profit or loss for the year. Comment if you face any issues |
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