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Question: Brad works as an AR clerk for MYB Corp. At MYB, he is required to work from 9 p.m. to 5 p.m. Monday through Friday and is provided a computer/computer software/training for performing his duties. MYB reimburses Brad for all business expenses, and his contract indicates that his work period is indefinite. Brad also provides accounting services to two other firms during the week. Brad does not receive fringe benefits from MYB. MYB has classified Brad as an independent contractor.
- Would the IRS likely have a problem with this categorization? Why?
- What factors would support MYB's assertion?
Analyze what a business owner must consider when deciding what type of entity is best for the goals and vision of the business.
Discuss the different ways internal and external users will use the information to make investment or business decisions
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The Hunter Company purchased a light truck on January 2, 2010 for $18,000. The truck, which will be used for deliveries, has the following characteristics:Estimated life:
Analyze one improvement that your current or former organization could implement with how it currently makes capital budgeting decisions.
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