The difference between a department's net sales and cost of goods sold is known as the
a. departmental gross profit.
b. departmental operating income.
c. departmental operating expenses.
d. departmental direct operating margin.
a
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Mr. and Mrs. Ibrah filed their 2018 Form 1040 on June 6, 2019. Assuming that the return does not contain any significant errors, what is the latest date that the IRS can assess any additional 2018 tax?
A. April 15, 2022 B. June 6, 2022 C. December 31, 2021 D. December 31, 2022
Which of the following is the BEST suggestion for preparing accurate documentation in a report?
a. Choose an authoritative reference manual, be consistent, and include more than enough rather than too little information for citations and references. b. Use more then one authoritative reference manual, be consistent, and include citations only for sources you quote. c. Use the MLA style guide for all reports, be consistent, and include only the author, article title, and publisher information. d. Use the Publication Manual of the American Psychological Association for all documentation and the MLA Handbook, only if needed, as a backup for format.
The designers of the Federal Reserve Act meant to create a central bank characterized by its
A) system of checks and balances and decentralization of power. B) strong concentration of power in the hands of a few people. C) inability to function as a lender of last resort. D) responsiveness to the electorate.
If a commercial instrument is nonnegotiable, it falls under the common law, not the UCC
a. True b. False Indicate whether the statement is true or false