The accumulated earnings credit for a personal service corporation is the greater of $150,000 or the current E & P for the year needed to meet the reasonable needs of the business

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Explain what centralization and decentralization of authority mean. Would you rather be a manager in a centralized or a decentralized organization? Why?   

What will be an ideal response?

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According to researchers, what steps can improve the likelihood of starting a buzz?

What will be an ideal response?

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A marketing manager would most likely use which of the following to find out how many consumers stay with his brand and how many switch, and thus project market shares over time?

A) modeling software B) syndicated research C) cross-sectional research D) exploratory research E) competitive intelligence

Business

The market skimming pricing objective is appropriate when customers are not very sensitive to

price. Indicate whether the statement is true or false

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