The Net Promoter Score (NPS) is derived from the answers to a willingness-to-recommend question
Indicate whether the statement is true or false
True
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Identify a principle of the Directive on Data Privacy that conflicts with U.S. practices.
A. Businesses can refrain from informing people of the ways their data will be used. B. Personal data can be processed only if the subject has given consent. C. Organizations can purchase personal data from third parties and never notify the subject. D. Personal data can be used for processes other than the original one.
Which of the following is an appropriate example of a family?
a. two college roommates b. man living with a girlfriend c. mother and an adopted child d. b and c
The auditor selects entity-wide controls for testing, but NOT transaction controls specific to long-lived assets
a. True b. False Indicate whether the statement is true or false
In which of the following independent situations would the transaction most likely be characterized as a disguised sale?
A. Partner George contributes appreciated property to the GM Partnership, and three years later GM distributes $100,000 proportionately to the partners. B. Brianna contributes property with a basis of $20,000 and a fair market value of $50,000 to the BGB Partnership in exchange for a 20% interest therein. The partnership agrees to distribute $20,000 to Brianna in 15 months if partnership cash flows from operations exceed $100,000 at that time. The partnership does not expect to produce operating cash flows of over $100,000 for at least five years. C. Luis contributes appreciated property to the BLP Partnership. Thirty months later, he receives a distribution from the partnership of $15,000 cash. None of the other partners received a distribution. There was no agreement that BLP would make the distribution, and Luis would have made the contribution whether or not the partnership made the distribution. D. None of these transactions will be treated as a disguised sale. E. Choices a., b., and c. are all treated as disguised sales.