If a publicly traded corporation hires a new CEO in 2019 and she earns $12,000,000 from a performance-based compensation plan, the corporation can deduct the entire $12,000,000.
Answer the following statement true (T) or false (F)
False
Rationale: Under the TCJA of 2017, the excessive executive compensation limit applies to performance-based compensation plans. The corporation can deduct only $1,000,000 of the CEO's compensation.
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On January 1, 2015, Clark, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. What is the carrying value of the bonds at the end of the ten years?
a. $400,000 b. $480,000 c. $380,000 d. $354,200
Which is true?
A. The process of incident tracking involves reviewing all incidents to help ensure that they have been permanently resolved in a timely fashion and that steps have been taken to prevent similar incidents in the future. B. A mission statement is a formal document that describes the intentions and expectations of management. Missions may be developed with regard to incident escalation, ownership, or notification. C. Some service desks may check customer entitlement, which is the determination of whether the customer is authorized to receive support, and, if so, the level of support the customer should receive D. The incident management process typically does not including answering questions such as "How do I...?" or "When will my new pc arrive?," as this wastes valuable time that could be spent restoring service.
When surveyed, the majority of employees give their organizations high marks on which one of the following?
A. Credibility D. Downward communication B. Manageability E. Upward communication C. Use of the grapevine
According to Peter Senge’s book, which of the following is considered the “fifth element”?
a. shared visions b. mental models c. systems thinking d. team learning