Mariano owns all of Alpha Corporation, which owns 100% of Beta Corporation's single class of stock. On January 1, Alpha and Beta Corporations report a consolidated NOL carryover from prior years. What is the maximum percentage of Alpha Corporation's single class of stock that Mariano can sell to a single shareholder without triggering the Sec. 382 loss limitation?
A) 0%
B) 50%
C) 75%
D) 80%
B) 50%
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The Reporting section of the Principles Underlying an Audit Conducted in Accordance with GAAS requires that the report, "states whether the financial statements are presented fairly, in all material respects, in accordance with the applicable financial reporting framework." This passage requires:
A. an implied measure of fairness. B. a statement of fact by the auditor. C. an objective measure of compliance. D. an opinion by the auditor.
Salespeople can establish credibility with their customers by doing all of the following EXCEPT:
A. being enthusiastic about their work. B. being aggressively persuasive. C. using proof statements effectively. D. being continuously empathetic. E. listening to specific customer needs.
The availability of an equipment or system is given by ______.
A. MTBF/MTTR B. MTTR/MTBF C. MTTR (MTBF – MTTR) D. MTBF/(MTBF + MTTR)
Which activities might prevent workplace violence?
A. know consequences of changing and not changing their behavior B. have opportunities to discuss their problems C. understand how their performance is evaluated D. all of these