The tax treatment of reorganizations almost parallels the Federal income tax treatment for like-kind exchanges

a. True
b. False
Indicate whether the statement is true or false


True
RATIONALE: The rules for tax-free reorganizations, like-kind exchanges, and ยง 351 incorporations are parallel.

Business

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A firm plans to use a defensive core strategy of monetize, harvest, and divest, with the strategic objective of maximizing cash flow. Which of the following strategies is the firm most likely to implement as a part of its core strategy?

A) build customer retention B) enter new related markets C) develop new markets D) manage for cash flow E) improve customer loyalty

Business

A short-run challenge for a business is maintaining a competitive position

Indicate whether the statement is true or false

Business

The ABC Corporation is concerned about the legal problems of email being used for evidence in litigation. Employees must adhere to strict email guidelines. Which of the following should NOT be one of ABC's guidelines for email usage?

a. Avoid writing emotionally charged emails. b. Organize emails in folders and subfolders for quick retrieval. c. Delete unneeded emails regularly to avoid clutter d. Use email for private messages.

Business

Which of the following reflect(s) the degree to which employees feel that their company does business with fairness, honesty, and integrity?

A. team processes B. personality and ability C. motivation D. job satisfaction E. trust, justice, and ethics

Business