By 2015, it is predicted that the total global market for cloud computing will reach $1.1 trillion
Indicate whether the statement is true or false
TRUE
Explanation: Microsoft and IDC predicted that cloud computing will create 14 million new jobs by 2015 and that the total global market for cloud computing will reach $1.1 trillion (USD) that year (McDougall, 2012).
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Mrs. Brinkley transferred business property (FMV $340,200; adjusted tax basis $111,700) to M&W Inc. in exchange for 4,200 shares of M&W stock. Immediately after the exchange, M&W had 7,800 shares of outstanding stock. Determine Mrs. Brinkley's realized and recognized gain on the exchange and the tax basis in her 4,200 M&W shares.
A. $228,500 gain realized and recognized; $340,200 basis in M&W shares B. $228,500 gain realized and no gain recognized; $111,700 basis in M&W shares C. $228,500 gain realized and recognized; $111,700 basis in M&W shares D. None of the above
In Clackamas Gastroenterology Associates, P.C. v Wells, the court discussed whether managing directors or physician-shareholders of professional corporations are employees for the purposes of determining coverage under:?
A) ?disparate impact B) ?content validity. C) ?construct validity. D) ?Title VII.
In the case of an undisclosed principal, a third party is unaware of the identity of the principal as well as the existence of an agency relationship
a. True b. False Indicate whether the statement is true or false
A "trade regulation rule" issued by the FTC that applies to a specific business practice sets a standard:
a. that everyone in the industry must follow or be subject to criminal conviction b. for certain practices that are thought to be especially susceptible to deceptive acts c. after a violation is proven the FTC can close down the violator's business d. is voluntary but provides quality guidance for the industry e. must be agreed upon by a majority of the members of the industry to become law