Rolando's employer pays year-end bonuses each year on December 31. Rolando, a cash-basis taxpayer, would prefer not to pay tax on his bonus this year. So, he leaves town on December 31, 2018, and doesn't pick up his check until January 2, 2019. When should Rolando report his bonus?
A. 2018.
B. it does not matter.
C. 2019.
D. Rolando can choose the year to report the income.
E. None of the choices are correct.
Answer: A
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Marika received a tip from a close friend who is an executive manager of a publicly traded company called MicroGreen Inc. The manager received some inside information about how to trade MicroGreen stock to get a huge profit. He shared this information with Marika. This scenario is an example of
A. adverse selection. B. shared value creation. C. information asymmetry. D. stakeholder strategy.
The logistics of EC systems, typically involving small parcels sent to many customers' homes best defines
A) e-logistics. B) e-shopping. C) e-delivery. D) e-fulfillment.
The least squares method for determining the best fit minimizes the:
A. total variation in the dependent variable. B. sum of squares for error. C. sum of squares for regression. D. All of these choices are true.
What is the present value of a $750 payment made in three years when the discount rate is 5 percent?
A. $712.50 B. $646.96 C. $868.22 D. $647.88