IRS regulations govern the:

A. computation of net income for the SEC.
B. computation of net income for tax purposes.
C. computation of net income for GAAP.
D. computation of gross profit for GAAP.


Answer: B

Business

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A company with a market beta of 1 has systemic risk ____________________ to the average amount of systemic risk of all equity securities in the market

Fill in the blank(s) with correct word

Business

This is a classification of leadership theories focused solely on the leader’s actions and characteristics.

a. Skill theory b. Task-focused theory c. Leader-centered theory d. Hybrid theory

Business

Sparks Company produces and distributes two types of garden sculptures, Plain and Fancy. Budgeted cost and activity for each of its three activity cost pools are shown below. The company plans to produce and sell 64,000 plain units and 49,150 fancy units. ??Budgeted ActivityActivity Cost PoolBudgeted CostPlainFancyPackaging $360,00070,000 finished units130,000 finished unitsMaterial handling$262,500140,000 total parts210,000 total partsProduction setups$125,0005 total setups20 total setupsa. Compute the approximate overhead cost per unit of Plain under activity-based costing.b. Compute the approximate overhead cost per unit of Fancy under activity-based costing.

What will be an ideal response?

Business

What are the three levels of tourism products?

a. the augmented product, the intangible product, and the core product b. the outer product, the core product, and the augmented product c. the core product, the tangible product, and the intangible product d. the augmented product, the tangible product, and the core product

Business