When the IRS determines an appropriate transfer price that a multinational's affiliate may use, the guideline is known as ________

A) reasonable man principle
B) the book value
C) arm's length price
D) resale price


Answer: C

Business

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Conventional industry practice has the project paid in three parts due: (1 ) after the project is accepted, (2 ) at the project mid-point, and (3 ) at the conclusion of the project

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

1. Nonprofit organizations differ from government organizations in that they have more flexibility to respond to the needs of diverse groups. 2. The Internal Revenue Service does not allow nonprofits to undertake experimentation with regard to the development of new programs. 3. Failure theories suggest governments should pay to meet the needs of large groups. 4. According to trust theory, leaders are trusted because they are believed to be driven by altruistic motivations. 5. Nonprofits may not receive any funding from city governments.

Business

Gerard's company will no longer store its data using in-house hardware and software; instead, data will be stored online at a remote location. This type of technology is called ________

A) telephony B) an open office C) cloud computing D) Web conferencing

Business

A ______ message is one in which very little is in the coded, explicit, and transmitted part of the message.

Fill in the blank(s) with the appropriate word(s).

Business