Ben received a $5,000 tuition scholarship from his local community college. He can exclude the $5,000 from gross income.

Answer the following statement true (T) or false (F)


True

Business

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The _____ Act allows national bank to have additional offices in the same city as their main office.

A. Glass-Steagall B. McFadden C. Bank Holding Company D. National Bank

Business

Which of the following is not an advantage of a perpetual inventory system?

A) assists in the prevention of stock outs B) requires less data processing effort than periodic systems C) maintains up-to-date inventory and cost of goods sold balances D) provides evidence of inventory shrinkage

Business

The subject line of an email message should do all of the following, EXCEPT

a. warn the recipient of the message of the bad news. b. allow the recipient to prioritize the message. c. expedite understanding of the message. d. provide a point of reference for future use.

Business

Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) ________; (2) licensing; (3) joint venture; and (4) direct investment.

A. franchising B. countertrading C. accreditation D. exporting E. cooperative

Business