Which of the following is a provision made under the Berne Convention?
A) The treaty makes it mandatory to place the copyright symbol on all copyrighted works.
B) The treaty sets the rules for how copyright can be dealt with when sharing copyrighted work between governments.
C) The treaty eliminates the need to place the copyright symbol or the word "copyright" on a copyrighted work.
D) The treaty stipulates the time period a copyright can be retained by the copyright holder before it enters the public domain.
C
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Accounting profits is the most relevant variable the financial manager uses to measure returns
Indicate whether the statement is true or false
Which of the following is NOT an example of a distribution channel?
A) farmstand tomatoes being sold directly to consumers from the producer B) T-shirts moving from producer to wholesaler to retailer to consumer C) canned beef moving from producer to packager to wholesaler to restaurant to consumer D) a producer using unpaid coverage by the mass media to inform consumers about a new car model E) oil being transported by tanker from an overseas producer to your local gas station
Beth and Jay project the following taxes for the current year:Regular tax$50,000AMT10,000Self-employment tax12,000How much in estimated tax payments (including withholding from wages and quarterly estimated payments) should the taxpayers pay this year in order to avoid underpayment penalties under the following assumptions regarding the preceding tax year?a.Preceding tax year-AGI of $140,000 and total taxes of $30,000.b.Preceding tax year-AGI of $175,000 and total taxes of $48,000.
What will be an ideal response?
Firms are abandoning activity-based costing (ABC) because
A. it does not facilitate the analysis of variances B. it is complex and time consuming C. it does not recognize the importance of direct labor as a component of total manufacturing cost D. the financial nature of the reports does not permit comparisons to be made among different types of products