Which of the following is a major aide in communicating tacit knowledge?
A. Manual
B. Discussion
C. Procedure document
D. Product formula
Answer: B
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Expectation interest can best be described as money spent in reliance upon the agreement
a. True b. False Indicate whether the statement is true or false
The U.S. Supreme Court grants certiorari: A) when state courts do not agree on a decision in similar fact patterns
B) when circuit courts do not agree on a decision in similar fact patterns. C) in all cases. D) only on cases tried in federal court.
Paris, Inc. owns 80 percent of the voting stock of Stance, Inc. The excess total fair value over book value was $75,000. Any excess fair value is assigned to a franchise contract to be amortized over a 10-year period. Stance holds 10 percent of the voting stock of Paris and paid an amount that equaled 10 percent of the book value of Paris at the time the investment was acquired. During the current year, Paris reported its own net income of $200,000 before investment income from Stance. Paris had dividend income from Stance of $20,000. At the same time, Stance reported its own net income of $40,000 before investment income. Stance's dividend income from Paris was $5,000.What will be reported as the net income attributable to the noncontrolling interest of Stance?
A. $6,500. B. $1,000. C. $7,700. D. $9,000. E. $8,000.