A grand jury makes a finding of guilt but does not decide whether there is enough evidence that the defendant committed the crime to justify bringing the defendant to trial

Indicate whether the statement is true or false


FALSE

Business

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If partnership debt is reduced and a partner is deemed to receive a cash distribution, what impact does the deemed distribution have on the partner if it is in excess of her tax basis?

A. The partner will not ever be taxed on the distribution in excess of her basis. B. The partner will treat the distribution in excess of her basis as ordinary income. C. The partner will not be taxed on the distribution in excess of her basis until she sells her partnership interest. D. The partner will treat the distribution in excess of her basis as capital gain.

Business

Explain the way in which costs flow through the merchandise inventory account to a merchandiser's income statement.

What will be an ideal response?

Business

Machine translators, such as Google Translate, should not be relied upon because ______.

A. they do not account for cultural factors B. they may not include slang or metaphors C. they always factor in irony D. both they do not account for cultural factors and they may not include slang or metaphors are correct

Business

The "over-the-wall" approach to product design involves an initial step in which the designers prepare the product's design, followed by sending the newly created design to the company's manufacturing engineers.

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

Business