The manager of Center E provides administrative activities for the other centers in the company. What type of responsibility center is Center E?
A) Cost center
B) Discretionary cost center
C) Revenue center
D) Investment center
B
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Which of the following accounts would not be classified as an intangible?
a. Franchises b. Research and development c. Patent d. Trademarks e. Goodwill
Spoken communication with large numbers of customers at the same time is mass selling.
Answer the following statement true (T) or false (F)
Solve this problem graphically and determine how many of each item the analyst should pack
A novice business analyst develops the following model to determine the optimal combination of socks and underwear to take on his next business trip. The model is as follows: Maximize 5S+7U subject to: 3S - 2U? 45 7S + 3U? 33 2S + 8U? 70
Rita, who has a marginal tax rate of 37%, is planning to make a gift to her grandson who is in the lowest tax bracket. Which of the following holdings of stock would be the most tax advantageous gift from Rita's perspective?
A.
| Stock | FMV | Adjusted Basis |
| A | $25,000 | $12,000 |
B.
| Stock | FMV | Adjusted Basis |
| A | $25,000 | $32,000 |
C.
| Stock | FMV | Adjusted Basis |
| B | $25,000 | $25,000 |
D. For income tax purposes, Rita will be indifferent as to choice of stock to gift.