The use of salaries in the allocation of income allows for the differences in the services that partners provide the business.

Name: The use of salaries in the allocation of income allows for the differences in the services that partners provide the business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Salaries can be based on the level and type of work each partner provides to the business. This allows for differentiation in contributions and rewards individual effort and skill.

The Use of Salaries in the Allocation of Income Allows