On March 1, Sue transfers stock worth $20,000 to Frank. How long must Sue live to avoid inclusion of the $20,000 of stock in her gross estate?

A) six months
B) one year
C) three years
D) No minimum time period exists, but she must be alive at transfer of ownership.


D) No minimum time period exists, but she must be alive at transfer of ownership.

Business

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Engagement risk can be eliminated by:

A. lowering materiality. B. establishing policies for client acceptance and continuance. C. lowering audit risk. D. Engagement risk cannot be eliminated.

Business

The contingency theory of high-technology marketing specifically states that:

a. matching the appropriate marketing tool to the specific type of innovation will enhance the odds of success in the market. b. network externalities are contingent upon the presence of unit one costs. c. breakthrough innovations are contingent upon customer understanding of how to use the new innovation. d. supply chains are critical for both incremental and breakthrough innovations. e. established firms are less likely to be innovative than newer firms.

Business

Tying the employee training to specific, measurable business goals ________ its usefulness and makes it easier to assess.

A. reduces B. diminishes C. increases D. escalates E. compresses

Business

Video Products Company operates a DVD manufacturing plant on Wandering River. Discharging pollutants from the plant into the river can result in

A. civil penalties and criminal penalties. B. civil penalties only. C. criminal penalties only. D. no penalties.

Business