Compare the difference between saving time and saving money.
What will be an ideal response?
When money is saved, it can be put aside for an unlimited amount of time. It can even earn interest and grow. When time is saved, it must be analyzed and spent in the 24-hour period of the same day in which it was saved.
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For tax purposes a life insurance dividend is considered
A) a partial return of premium and is therefore not taxed. B) the same as a stock dividend. C) the same as a capital gain. D) an adjustment to gross income.
A rock group assigns its payment under a performance contract to the Costume Shop, a business that has supplied the group with outrageous stage outfits, and to which the group owes a great sum of money. This is
a. a valid assignment because of the rule of freedom to contract. b. a valid assignment because this is a simple transfer of the right to receive money. c. an invalid assignment because it increases the burden of the payor. d. an invalid assignment because this is a personal service contract.
Intangible assets are nonphysical assets used in operations that confer on their owners' long-term rights, privileges, or competitive advantages.
Answer the following statement true (T) or false (F)
Any dealings with individual unit employees must be in accordance with the collective bargaining agreement.?
Indicate whether the statement is true or false