Fran dies on January 14, 2017 . Her spouse, Carl, is the beneficiary of a $100,000 life insurance policy. Carl elects to receive the proceeds in 10 equal installments of $11,000 . In 2017, Carl receives $11,000 . The amount included in Carl's 2017 gross income is
a. $- 0 -
b. $1,000
c. $10,000
d. $11,000
e. $111,000
b
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The demise of communism as an economic and political system can be explained by all of the following facts except:
A) communism is not an effective economic system. B) relatively superior performance of the world's market economies. C) communism works when the currency exchange rate is weak. D) difficult to manage national economies with a single central plan. E) increased public participation in matters of state.
Describe the challenges faced by work unit/team incentives.
What will be an ideal response?
Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct T8Product P4TotalLabor-relatedDLHs$132,4641,4005,4006,800Production ordersorders 32,6045007001,200Order sizeMHs 762,1064,3004,0008,300 $927,174 The total overhead applied to Product P4 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $491,491 B. $736,290 C. $367,281 D. $758,601
How does changing from a functional view to a process view of the business impact the structure of the organization?
What will be an ideal response?