How much time should you spend each week working on your budget? How detailed should your budget be? Why?
What will be an ideal response?
You should spend about one hour per week working on your budget. Keep your budget relatively simple; too much detail in a budget can make it unmanageable.
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Juan transferred 100 percent of his stock in Rosa Company to Azul Corporation in a Type B stock-for-stock exchange. In exchange, he received stock in Azul with a fair market value of $1,000,000. Juan's tax basis in the Rosa stock was $400,000. What amount of gain does Juan recognize in the exchange and what is his basis in the Azul stock he receives?
A. $600,000 gain recognized and a basis in Azul stock of $400,000. B. No gain recognized and a basis in Azul stock of $1,000,000. C. $600,000 gain recognized and a basis in Azul stock of $1,000,000. D. No gain recognized and a basis in Azul stock of $400,000.
What is the key lesson behind Chapter 7's "FYI: Criminal Attorneys — Literally"?
A) Trial lawyers who break the law will go to prison. B) Public relations professionals should always consult attorneys before speaking. C) The court of law and the court of public opinion often overlap. D) Bribing public officials is never advisable.
Describe at least three strategies for managing workplace bullying
What will be an ideal response?
A will may not be changed
a. True b. False