Question

An enterprise acts as a single entity?True/False​

Answer 1

Answer:

True

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Explanation:

Answer 2

True- An enterprise acts as a single entity  :

Explanation:

• The enterprise is one that acts both directly or indirectly thru its divisions or subsidiaries, thereby going beyond the business enterprise regulation idea of a business enterprise having a 'separate prison personality' and recognising that unique juristic persons

• Under the single entity approach, a head workplace and a permanent status quo are treated as one taxpayer for tax purposes, despite the fact that they'll be taken into consideration separate entities for purposes of accounting or business regulation.