Michael's brother, Thomas, lives with Michael in his own home. Thomas has a full-time job and pays his brother for rent and utilities. Michael's filing status is
A) single.
B) head of household.
C) married, filing separately.
D) a qualifying widow(er).
Answer: A
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Meera Ganguly is the chief executive officer and Todd Bradley is the chief financial officer of Maxwell Inc. Both unknowingly signed the financial report for the year 2006-07, which was later found to be fraudulent and misleading. Given this scenario, which of the following is true of the CEO and the CFO of Maxwell Inc.?
A. Under RICO, only the CFO will be liable for punishment. B. Under the Sarbanes-Oxley Act, both of them must reimburse the company. C. Under the Sarbanes-Oxley Act, only the CEO will be liable for punishment. D. Under RICO, both of them are required to reimburse the company.
Jessica is an agent for LMN Life Insurance Company
She met with Brad, who was interested in purchasing life insurance. Jessica explained the various uses of life insurance, including income for Brad's wife during the 1- or 2-year period following Brad's death. This period is known as the A) dependency period. B) estate clearance period. C) blackout period. D) readjustment period.
There is no way to combat the supply-demand problem associated with the perishability of services.
Answer the following statement true (T) or false (F)
To be relevant in decision making, cost or revenue information must be future-oriented and must not differ among the alternatives.
Answer the following statement true (T) or false (F)