?The most commonly used state income tax apportionment formula is:
?
A. ?Sales factor only.
B. ?Sales factor double-weighted.
C. ?Sales factor equally weighted with property and payroll.
D. ?Payroll factor only.
Answer: A
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Indicate whether the statement is true or false
In a statement of cash flows, increases or decreases in noncurrent assets are most closely associated with
A) operating activities. B) investing activities. C) financing activities. D) investing or financing activities.
Which of the following statements is true in the context of the Great Recession?
a. The economy completely recovered from the Great Recession in 2009. b. The Great Recession spread to the globe by 2008. c. The middle class was the least affected by the Great Recession. d. The Great Recession increased employment rates to almost ten percent.
Within the relevant range, a change in activity results in a change in variable cost per unit and total fixed cost.
Answer the following statement true (T) or false (F)