[APPENDIX] Wave Corporation is determining its income tax liability. It has one machine that cost $30,000 with a 4-year life and no salvage value. Wave is using an accelerated depreciation method for tax purposes. For accounting purposes, Wave has decided to use the straight-line method. Which of the following statements is true?
a. There will be a temporary difference between accounting income and income for tax purposes.
b. There will be a permanent difference between accounting income and income for tax purposes.
c. Wave's accounting income and income for tax purposes will be equal.
d. Accounting income will be lower than income for tax purposes, especially in the early years of the asset's life.
a
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James and Sia share similar attitudes about a number of different issues and grew up in similar cultural backgrounds. They are both reasonably attractive. If James and Sia formed a relationship, it would likely be explained by (the) ______.
a. Social Exchange Theory b. matching hypothesis c. halo effect d. horns effect
Gartner defines ____ as a work style characterized by a flurry of collective activity by anyone and everyone available to add value.
A. major incident handling B. crowdsourcing C. crowdhelping D. swarming
The practice of attending to the ________ of a firm is referred to as reputation management.
Fill in the blank(s) with the appropriate word(s).
Sassy's Spices sells bagged tea to grocery stores for resale—what type of business is this?
A) Service business B) Wholesale business C) Retail business D) None of the above