ABC Corporation declared a dividend for taxpayers of record as of December 24, 2016 . The dividend checks were mailed on December 31, 2016 . Ed, a cash basis shareholder, received the dividend check on January 2, 2017 . Ed cannot delay reporting the income from the dividend until 2017

a. True
b. False
Indicate whether the statement is true or false


False
RATIONALE: The income was not available to Ed until 2017.

Business

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Under which two approaches to international business will the human resource function be least affected?

a. Licensing and joint ventures b. Direct investment and strategic alliances c. Exporting and licensing d. Joint ventures and strategic alliances e. Exporting and direct investment

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A key element of extreme programming is:

A) Frequent communication among programmers, but infrequent communication with the customer. B) Understanding the problem completely before coding begins. C) A hierarchical management structure. D) Avoidance of programming features until they are actually needed.

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McBurger has just developed a new method of preparing its products that greatly reduces the fat content and other medical problems associated with fast food. Although still in the developmental phase, McBurger has been very careful not to release any

information regarding the process. The information is constantly under lock and key. Jerry, a competitor's employee, took a public tour of McBurger University to evaluate going to work for McBurger. While on the tour, he accidentally saw the process being conducted in a small laboratory that was visible to everyone, but not part of the tour. Jerry realized that probably no one else would recognize the process, and said nothing. Jerry was able to duplicate McBurger's process, and is now about to be promoted to vice-president of his company. Does McBurger have a claim against Jerry and his employer? What is the likely outcome? Discuss fully.

Business