Which of the following statements about ASC 740 as it relates to uncertain tax positions is true?
A. ASC 740 deals with recognized tax benefits related to income tax positions, regardless of whether the item is taken on a filed tax return.
B. ASC 740 deals with recognized tax benefits related to income tax positions claimed on a filed tax return.
C. ASC 740 deals with all tax benefits involving income and nonincome taxes.
D. ASC 740 deals with whether a recognized income tax benefit will be realized.
Answer: A
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Three teenage girls spent an hour at a store trying on various outfits, looking at possible combinations, and asking each other, "How do you think this looks on me?" This situation is most closely related to which of the following situational influences?
A. social surroundings B. antecedent states C. physical surroundings D. purchase task E. temporal effects
Roth is a computer-consulting firm. The number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below. Number of New Clients Probability 0 0.05 1 0.10 2 0.15 3 0.30 4 0.25 5 0.10 6 0.05 ? The expected number of new clients per month is
A. 6. B. 0. C. 3.1. D. 3.
Which of the following is closely associated with the diversification strategy?
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?Bella, Inc. manufactures two kinds of bagslong dashtotes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $ 24000. Additional estimated information is given below.
Totes Satchels Direct materials cost per unit $ 35 $ 45 Direct labor cost per unit $ 52 $ 64 Number of units 540 390 Calculate the predetermined overhead allocation rate.? (Round your answer to two decimal? places.)