A primary actor is the actor whose goal identifies and drives the use case

Indicate whether the statement is true or false


TRUE

Business

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The effect of a misstatement of the year-end inventory is limited to the net income for that year

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

Business

Pual makes the following property transfers in the current year

$22,000 cash to his wife 34,000 cash to a qualified charity 220,000 house to his son 3,000 computer to an unrelated friend The total of pauls taxable gifts, assuming he does not elect gift splitting with his spouse. Subject to the unified transfer tax is A:$279,000 B:$25,000 C:$205,000 D:$212,000

Business

A disadvantage of a limited liability company is that it ________

A) requires earnings to be taxed at the corporate rate B) must dissolve when an owner leaves the company C) requires the division of profits in a fixed proportion D) has more restrictive ownership rules than S corporations E) is required to hold annual meetings

Business

Joshua is a millionaire, and he manages several successful companies. He usually interacts with people of similar status. Given this information, Joshua and the people he interacts with are part of a _____.

A. family B. social class C. popular culture D. reference group

Business