In a nontaxable exchange, recognition is postponed. In a tax-free transaction, nonrecognition is permanent

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Eileen manages employees at Maui Tours and Lodging. She has noticed that one of her employees submits via the computer system the same suggestions for continuous improvement multiple times, knowing that performance is evaluated on the number of suggestions only. This problem is typical of ______ control.

A. clan B. market C. decentralized D. bureaucratic E. functional

Business

Which is true of planned large service desks?

A. They are typically arranged in separate groups around the building, with each group focusing on a specific type of customer. B. The cubicle walls between analysts are typically high to reduce noise and allow the analysts to concentrate. C. They typically have notification systems, such as electronic reader boards, white boards, and network monitors in prominent locations. D. The service desk manager usually resides in the service desk and takes calls, especially during an emergency.

Business

In effect, ________ is an operating system in the cloud

A. IEEE 802.1X B. PaaS C. IaaS D. DHCP

Business

Virginia gave stock with an adjusted basis of $8,000 and an FMV of $10,000 to Carmen. No gift tax was paid on the transfer. Carmen then sold the stock for $9,000. The gain or loss Carmen will recognize on the sale is

A) $2,000 gain. B) $1,000 gain. C) $1,000 loss. D) none of the above

Business