To qualify for long-term capital gains rates, a stock must be held for at least 12 months

Indicate whether the statement is true or false.


Answer: TRUE

Business

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To record the purchase of assets on account under the modified cash accounting method,

a. no entry is required. b. debit the asset and credit Accounts Payable. c. debit the asset and credit Cash. d. debit Accounts Receivable and credit Accounts Payable.

Business

Briefly explain the uncertainty avoidance cultural dimension.

What will be an ideal response?

Business

Each director can access the corporation's facilities and premises

Indicate whether the statement is true or false

Business

If the coefficient of determination is .95, the percentage of variation in the dependent variable explained by the variation in the independent variable is

A. .95%. B. 95%. C. 90.25%. D. .9025%.

Business