The tax year of one of the principal partners may determine the partnership's tax year

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In 2018 under the rules for minority passive investments in equity securities, which of the following statements is not correct?

A. Cash flows from the purchase and sale of equity securities will be classified based on the nature and purpose of the investment. B. There will no longer be a distinction between trading securities and available-for-sale securities for minority passive equity investments. C. An exception will be for investments where fair value is not readily determinable. D. The income statement and balance sheet treatment will be the same as the current accounting for available-for-sale securities.

Business

Which of the following is not a benefit of a high inventory turnover?

A. Continuous availability of new merchandise B. New buying opportunities C. Reduced obsolescence risk and markdowns D. Improved salesperson morale E. Reduced gross margin

Business

Which of the following measures the percentage of times an ad is clicked?

A. retention rate B. CTR C. loyalty rate D. conversion rate

Business

What are some examples of “bad faith” bargaining?

What will be an ideal response?

Business