What is the amount of the personal exemption on an estate income tax return?
A. $300.
B. $0.
C. $600.
D. $500.
E. $100.
Answer: C
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Market segmentation can be best described as the process of ________
A) assigning specific human attributes to a given brand B) dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require separate products or marketing programs C) evaluating each market segment's attractiveness and selecting one or more segments to enter D) turning marketing plans into marketing actions to accomplish strategic marketing objectives E) maintaining a strategic fit between organizational goals and changing marketing opportunities
Clearly establishing responsibilities and assigning all accounting activities to one person is an important principle of internal control.
Answer the following statement true (T) or false (F)
Several factors are used to determine whether an activity is classified as a hobby or as a business. Which of the following are factors that aid in this determination? I.The financial status of the taxpayerII.The expectation that the assets involved in the activity will increase in valueIII.The taxpayer's success in similar activitiesIV.The amount of personal pleasure and enjoyment that accrues to the taxpayer?
A. Only statements II, III, and IV are correct. B. Only statement III is correct. C. Statements I, II, and III are correct. D. Only statement IV is correct. E. Statements I, II, III, and IV are correct.
Indirect labor costs might include the salary of the production manager.
Indicate whether the statement is true or false.