Which of the following criteria is not required to be met under the tax concept of income?
A. Cash must be received.
B. Income must be realized.
C. Income must be recognized.
D. There must be economic benefit.
Answer: A
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When John Brooks, a defender on the U.S. men's national soccer team, scored the winning goal against Ghana late in a first-round game of the Fédération Internationale de Football Association (FIFA) 2014 World Cup at Arena Amazonia, nearly 16
million American TV viewers were tuned in. Considering this statement, which of the following statements is incorrect? A) The record-setting television audience for World Cup 2014 provided evidence of soccer's growing popularity in the United States. B) The victory in Brazil was especially sweet because Ghana's Black Stars was the team that had defeated the Americans in a second-round game at the 2010 World Cup in South Africa. C) Ghana had ended Team USA's hopes in the 2006 World Cup in Germany. D) The U.S. team lost to Portugal in the game that attracted nearly 25 million American TV viewers. E) FIFA has chosen Total Apparel Group (TAG) to boost soccer's visibility and popularity among Americans.
The manner in which a company and its employees treat its customers when delivering the company's products or other deliverables is known as ________.
A. training B. offshoring C. outsourcing D. service
Volunteers and clients make up a nonprofit’s ______ publics.
A. internal B. external C. relational D. marketing
Which of the following describes the long arm statute?
A. A law defining the kinds of partnerships that can be formed between corporations or individuals and foreign companies. B. A law defining the conduct of a foreign person within a state that will subject that person to the jurisdiction of the state. C. A law defining the kind of companies that a company can set up in a foreign country. D. A law defining the kinds of awards that can be sought in an anti-trust case against the government.