Identify which of the following statements is true.
A) If the annual exclusion for gifts is not used in the current year, the unused portion can be carried forward to subsequent years.
B) Individuals may not give more than $14,000 per person in gifts each year before being taxed on the transfer.
C) For transfer tax purposes, both the charitable contribution deduction and the marital deduction are unlimited.
D) All of the above are false.
C) For transfer tax purposes, both the charitable contribution deduction and the marital deduction are unlimited.
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John is familiar with a perceptual error known as the recency effect. How might John incorporate this knowledge into his performance evaluation with his boss?
A. He can start strong in the early part of the review period and then let his performance diminish as the evaluation comes nearer. B. He can focus on performing well in the time just prior to the performance evaluation as that is what his boss is most likely to remember. C. The recency effect would not apply to performance evaluations. D. He can maintain average performance throughout and be seen as a steady worker.
____________________ is the process of convincing others to change their beliefs or actions.
Fill in the blank(s) with the appropriate word(s).
The Roulette Corporation, a video game manufacturer, sets a single price for a set of 5 video games, a video game console, and a pair of speakers. This pricing strategy is called
A. bid pricing. B. full-line pricing. C. product-bundle pricing. D. complementary product pricing. E. psychological pricing.
The correlation between a brand's wallet allocation rule and its financial results is ________ than the relationship between previous service and financial measures.
A. Somewhat lower B. Far lower C. Somewhat higher D. Far higher E. Not much different