The DaSinzi Estate has two equal income beneficiaries (Rollo and Luisa) and one remainder beneficiary (Coco). The estate operates a business and generates cost recovery deductions. Which taxpayer(s) (e.g., the deceased, the estate, Rollo, Luisa, or Coco) if any, can deduct these items?
What will be an ideal response?
If the fiduciary entity is operating a trade or business or holds investment property that generates cost recovery deductions, those deductions are allocated among the recipients of entity accounting income. If any accounting income is retained by the entity, it therefore can claim an allocable portion of the cost recovery deductions.
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When she is with her musician friends, Tamar uses the word hot to describe music they create. She is aware that this is a good term because she is knowledgeable of its ______ meaning among her musician friends.
a. social b. connotative c. phonemic d. denotative
Answer the following statements true (T) or false (F)
1. The trait approach has a century of research to back it up. 2. The trait approach failed to identify a definitive set of specific leadership traits. 3. In his early studies, Stogdill found that leaders in one situation would almost always be leaders in another situation. 4. Stogdill’s later studies argued that personality and situational factors were both determinants of leadership. 5. A major strength of the trait approach is that it is quite useful for training.
The leadership style advocating that a leader makes all decisions and tells subordinates what to do and how to do it is called
A. consensus. B. participative. C. democratic. D. existential. E. autocratic.
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine the objective function for the LP formulation.
a. Maximize profit = $11 * (Number of shirts to be produced + Number of pairs of pants to be produced) b. Maximize profit = $5 * Number of shirts to be produced c. Maximize profit = $6 * Number of pairs of pants to be produced d. Maximize profit = ($5 * Number of shirts to be produced) + ($6 * Number of pairs of pants to be produced)