The objective of ________ research is to gather preliminary information that will help define the problem and suggest hypotheses
A) descriptive
B) exploratory
C) causal
D) corrective
E) experimental
B
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Jim is an appliance salesperson. To make a sale, he asserts that a certain model of a Kitchen Helper refrigerator is the "best one ever made.". This is
a. fraud if the statement is the truth. b. fraud if Jim believes that this statement is not true. c. fraud if Jim is stating his opinion, not the facts. d. not fraud.
An obligee's promise to accept a stated performance in satisfaction of the obligor's existing contractual duty creates an accord
Indicate whether the statement is true or false
Candice owns a mutual fund that reinvests her dividends and capital gains earned during the year. The mutual fund reported to her that her share of earnings was: $500 in dividends, $1,500 in short-term net capital gains, and $1,300 in long-term net capital gains. She reported the items on her tax return and paid the appropriate tax on these earnings. If her basis in the fund was $25,000 at the beginning of the year, what is her basis at the end of the year?
A. $27,000 B. $25,000 C. $28,300 D. $25,500
In May 2018, Cassie acquired a machine for $30,000 to use in her business. The machine is classified as 5-year property. Cassie does not expense the property under Sec. 179 or bonus depreciation. Cassie's depreciation on the machine for 2018 is
A. $6,000. B. $15,000. C. $12,000. D. $3,000.