A bank account is intangible property
Indicate whether the statement is true or false
TRUE
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Partners must generally treat the value of profits interests they receive in exchange for services as ordinary income.
Answer the following statement true (T) or false (F)
Write the objective function for this problem
Due to increased sales, a company is considering building three new distribution centers (DCs) to serve four regional sales areas. The annual cost to operate DC 1 is $500 (in thousands of dollars). The cost to operate DC 2 is $600 (in thousands of dollars.). The cost to operate DC 3 is $525 (in thousands of dollars). Assume that the variable cost of operating at each location is the same, and therefore not a consideration in making the location decision. The table below shows the cost ($ per item) for shipping from each DC to each region. Region DC A B C D 1 1 3 3 2 2 2 4 1 3 3 3 2 2 3 The demand for region A is 70,000 units; for region B, 100,000 units; for region C, 50,000 units; and for region D, 80,000 units. Assume that the minimum capacity for the distribution center will be 500,000 units.
If the financial statements cannot be relied upon because they contain one or more material departures from GAAP, what type of opinion will the auditor issue?
A. Qualified opinion B. Disclaimer of opinion C. Unqualified opinion D. Adverse opinion
Energy Market Corporation wants to build a wind power plant on pri¬vate land, for which a federal permit is required. For this action, an en¬viron¬mental impact statement is
a. prohibited. b. required. c. unnecessary. d. voluntary.