A partnership must file a separate tax return and pay taxes on its income

Indicate whether the statement is true or false


False

Business

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Which of the following is a drawback of technology licensing?

A. The licensee runs the constant risk that the licensor will provide inferior service. B. Licensing maximizes the physical and financial presence of a business overseas, thereby exposing it to risks. C. Licensing escalates the risks of suffering devastating losses in the event of an expropriation. D. The licensee can sever the licensing relationship and become a competitor after gaining access to the licensor's technology.

Business

Aggressive tactics (reminding supervisors of previous favors and offering to make sacrifices) had a positive effect on the outcome of salary negotiations of male employees and a negative effect on the outcome of salary negotiations of female employees.

Answer the following statement true (T) or false (F)

Business

U.S. GAAP provisions require a three-step procedure for measuring and recording impairments for long-lived assets other than nonamortized intangibles and goodwill. An asset impairment loss arises when the carrying values of the assets

a. exceed the sum of the discounted cash flows. b. exceed the sum of the undiscounted cash flows. c. exceed the replacement cost. d. exceed the fair market value less cost to sell. e. exceed the fair market value.

Business

Which is the best conflict management style to use when the issues are complex and require input and information from others, and when commitment is needed?

a. Collaboration b. Competition c. Accommodation d. Avoidance

Business