Tender is an unconditional offer to perform.
Answer the following statement true (T) or false (F)
True
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Which of the following statements regarding the matching principle is correct?
A. Tax accounting strictly follows the matching principle. B. The matching principle of financial accounting is an important component of the cash method of accounting. C. The matching principle of financial accounting is sometimes relevant to timing deductions for an accrual basis taxpayer’s recurring items. D. The matching principle has no relevance to tax accounting. E. None of these.
Compared to other generations, Millennials prefer training methods that allow them to work at their own pace and look to trainers to share their expertise.
Answer the following statement true (T) or false (F)
An example of a metric used for profile-based intrusion detection is _________ which is a non-negative integer that may be incremented but not decremented until it is reset by management action
Examples include the number of logins by a single user during an hour, the number of times a given command is executed during a single user session, and the number of password failures during a minute. What will be an ideal response?
Bright Corporation purchased residential real estate five years ago for $450,000, of which $50,000 was allocated to the land and $400,000 was allocated to the building. Bright booked straight-line MACRS deductions of $55,000 during the past five years. This year, Bright sells the property for $550,000, of which $100,000 is allocated to the land and $450,000 is allocated to the building. What is
the amount and character of Bright's recognized gain or loss on the sale? What will be an ideal response?