The ______________________________ data shows, in chronological sequence, the details of each cash payment made.
Fill in the blank(s) with the appropriate word(s).
cash disbursements event
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An S corporation distributes land with a basis of $60,000 and a FMV of $90,000 to its shareholder. The tax results of the distribution will be
A. $30,000 of gain recognized by the S corporation which is passed through to the shareholder. B. $30,000 of gain recognized by the S corporation and no pass-through to the shareholder. C. no gain recognized by the corporation but $30,000 of gain recognized by the shareholder. D. no gain to the corporation or to the shareholder.
The production emphasis of a company pursuing a broad differentiation strategy usually involves
A. the aggressive pursuit of economies of scale and experience-curve effects. B. emphasis on building differentiating features that buyers are willing to pay for and includes wide selection and many product variations. C. strong efforts to be a leader in manufacturing process innovation. D. eliminating cost reduction and decreasing quality and essential features to boost profitability. E. developing a distinctive competence in zero-defect manufacturing techniques.
Which of the following statements is true of concurrent jurisdiction?
A) All federal criminal prosecutions fall under concurrent jurisdiction. B) A case that requires an interpretation of the U.S. Constitution must be heard only in a federal court. C) A bankruptcy case will be heard in a state trial court. D) A case that involves diversity of citizenship falls under concurrent jurisdiction.
In which of the following environments do managers in an organization have the greatest influence on organizational outcomes?
A. stable and complex environments B. dynamic and simple environments C. stable and simple environments D. dynamic and complex environments