When you transfer a call,
a. explain why the transfer is necessary.
b. stay on the line until the transfer is complete.
c. ask for the caller's name and number before transferring the call.
d. all of these choices.
D
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Carol purchased a diamond necklace for a total purchase price of $2,289.66. State taxes were 6.75%. Find the amount of the sales tax. (Round your answer to the nearest cent if necessary) ?
A. $183.83 B. $180.98 C. $177.35 D. $154.55
Under the FTC's advertising substantiation program, if the FTC attacks an ad the usual result is that the advertiser agrees to stop running the ad
a. True b. False Indicate whether the statement is true or false
Which of the following statements regarding liquidating distributions is true?
A. A partner will recognize a gain when the partnership distributes only money and the amount is greater than the partner's outside basis. B. A partner will recognize a gain when the partnership distributes only money and the amount is less than the partner's outside basis. C. A partner will recognize a gain when the partnership distributes money, hot assets, and other property and the inside bases of the distributed assets are greater than the partner's outside basis. D. A partner will recognize a gain when the partnership distributes only money and hot assets and the inside bases of the distributed assets are greater than the partner's outside basis.
All of the following requirements must be met in order to establish innocent spouse relief except which of the following?
A. The request for innocent spouse relief is made no later than one year after the IRS begins its collection efforts. B. The return contains an understatement of tax attributable to the erroneous item(s) of an individual filing it. C. The requesting individual establishes that he or she neither knew nor had reason to know of any or all of the understatement. D. Based on all the facts and circumstances, holding the other individual for the deficiency would be inequitable.