Hobby activity expenses are deductible from AGI to the extent of hobby income. Such expenses not in excess of hobby income are not subject to the 2%-of-AGI floor
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: Such expenses are an itemized deduction and are subject to the 2%-of-AGI floor on miscellaneous itemized deductions except for the property tax and mortgage interest.
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Aspen manages a team of sales representatives who have all chosen careers in sales because it allows them to make a living interacting with and helping people
One of the biggest sources of internal motivation for her sales team is most likely the ability to: A) convince people to buy products they don't need B) solve their customers' problems C) ask people to spend money on sports equipment D) discount prices when they need to make a sale E) explore sports they would otherwise not have tried
Given a positive interest rate and a positive cash flow, an ordinary annuity always has a greater future value than an annuity due of the same size and number of cash flows
Indicate whether the statement is true or false.
A random or chance variable could be defined as _______________________.
a) The variable that is responsible for bringing about a change to the dependent variable b) All factors that affect the relationship between the independent and dependent variable c) Changes in the dependent variable because of ambiguity in the research instrument d) None of the above.
Smaller organizations with low standardization, total centralization, and mostly one-on-one communication have a
A. matrix structure. B. functional structure. C. bureaucratic structure. D. prebureaucratic structure. E. lattice structure.