P and S are members of an affiliated group that has filed consolidated tax returns for a number of years. The sale of inventory by P that was acquired from S in an intercompany transaction outside the affiliated group triggers the recognition of gain by S.
Answer the following statement true (T) or false (F)
True
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Research has consistently shown firms that achieve both cost and differentiation advantages tend to perform
A. higher than firms that achieve either a cost or a differentiation advantage. B. about the same as firms that are "stuck-in-the-middle." C. at about the same level as firms that achieve either cost or differentiation advantages. D. lower than firms that achieve differentiation advantages but higher than firms that achieve cost advantages.
Stock dividends have little economic substance for shareholders
Indicate whether the statement is true or false
An agreement to refrain from a particular trade, profession, or business is enforceable if:
a. the purpose of the restraint is to protect a property interest of the promisee. b. the agreement is for no longer than two years. c. the restraint is no more extensive than is reasonably necessary to protect the promisee's property interest. d. Two answers are correct but not all three.
The members of a venture team come from
A. the marketing department. B. a consulting firm. C. the research and development department. D. the production and finance departments. E. different functional areas of an organization.