The General Fund accounts for any resources not reported in one of the other funds.
Answer the following statement true (T) or false (F)
True
The General Fund accounts for any resources not reported in one of the other, limited-use, funds.
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Tower Company owns 85% of Hill Company. The two companies engaged in several intra-entity transactions. There were no excess fair-value amortization amounts to account for. Each company's income before income tax and dividend income for the current time period follow, as well as the effects of intra-entity gross profits on remaining inventory which are included in the separate net income amounts. No income tax accruals have been recognized within these totals. The tax rate for each company is 30%. Tower CompanyHill CompanySeparate income before income tax (excluding equity or dividend income from Hill)$200,000$80,000Intra-entity gross profit on remaining inventory (included in income above)25,00010,000Dividend income from Hill10,200 Dividends declared15,00012,000?Using the percentage
allocation method for assigning income tax expense, the income tax expense assigned to Hill is closest to: A. $0. B. $21,000. C. $17,400. D. $24,000. E. $20,400.
A message has high skim value when it __________
A) can be browsed quickly for main ideas B) is one paragraph long C) is submitted on paper rather than e-mail D) ?has no grammatical or mechanical errors
In order to obtain desired results, one sales training program should be used for everyone so that consistency is promoted among the sales staff.
Answer the following statement true (T) or false (F)
Title VII provisions for religion
A. require employers to make reasonable accommodations for religious observance or practice. B. do not permit religion to be a bona fide occupational qualification. C. require employers to grant complete religious freedom in employment situations in accordance with the First Amendment. D. require that the workplace be free from all religious expression.