Analysis of current and future demand, competition, and promotion is a step in the analytical phase of the tourism policy and planning process
a. true
b. false
Answer: a. true
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Most performance reviews are conducted by outside auditing agencies to avoid bias and internal discrepancies
Indicate whether the statement is true or false
Equipment was acquired for $256,000 and has accumulated depreciation of $190,000. The business exchanges this equipment for new equipment. The new equipment has a market value of $209,000 and the business pays $157,000 cash. Assume the exchange has commercial substance. The exchange results in ________.
A) loss $14,000 B) gain $14,000 C) gain $143,000 D) loss $143,000
Which of the following is not a finding of previous empirical research on income tax allocation?
a. Income using income tax allocation had a higher degree of association with security price behavior than income determined without income tax allocation. b. The net-of-tax method using a tax rate significantly higher than existing rates had a higher association with security prices than income tax allocation using existing rates. c. There was a better association of net deferred tax liabilities to firm value under SFAS No. 109 than under its predecessor when tax rates increased under the Revenue Reconciliation Act of 1993. d. Investors do not view deferred tax liabilities as real liabilities.
If investors become less averse to risk, the slope of the Security Market Line (SML) will increase.
Answer the following statement true (T) or false (F)