When taxable income exceeds certain levels, exemption and deduction allowances
A)
increase in proportion to increases in taxable income.
B)
are limited but may be carried over to future years.
C)
are eliminated.
D)
reach a maximum allowable amount.
C
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Which of the following statements is true of salespeople?
A) They do not work with wholesalers and retailers. B) They are employed mostly in click-only companies. C) They do not represent the customers to the company. D) They represent a company to its customers by communicating and selling. E) They represent a new class of professionals who have emerged as part of the steep rise in retailing.
Which of the following is a disad of smaller groups?
Which of the following is false regarding activity-based costing (ABC)?
A) Companies that have a high potential for cost distortions are more likely to benefit with ABC. B) Opportunities for continuous improvement are rarely revealed by using ABC. C) The cost of implementing ABC may outweigh the benefits. D) Increased accuracy with budgeting resources is often realized.
Which of the following is not a characteristic of scientific management principles?
A. Using time and motion studies B. Breaking jobs down into their simplest tasks C. Calculating the quickest way to complete a task D. Getting employee feedback on how best to do the job