Both real and personal property can be the subject of a bailment
Indicate whether the statement is true or false
F
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The cost equalization point:
A) is used to select the lowest cost of two or more alternative processes. B) is the point where unit cost of a process are at a minimum. C) is used to show the potential profit of a process. D) shows the lot size where costs are minimized. E) all of the above
Investors can trade futures on electricity and natural gas
Indicate whether the statement is true or false.
Identify which of the following statements is true.
A) A built-in deduction accrues in a separate return year, but is not recognized in a consolidated return year. B) Section 382 adopts a single-entity approach in determining ownership changes. C) The 50-percentage-point minimum stock ownership change that triggers the Sec. 382 loss limitation rules will not occur in acquisitive transactions involving a group of corporations filing consolidated returns. D) All of the above are false.
A 403(b) retirement plan is similar to a 401(k) retirement plan EXCEPT
A. 401(k) plans are not tax deferred. B. 403(b) plans do not allow employers to match employees' saving. C. 401(k) plans are exclusively for self-employed individuals. D. 403(b) plans are for employees of non-profit organizations.