The Federal Employee Polygraph Protection Act:
a. prohibits private employers (with some exceptions) from using lie detector tests or test results as grounds for adverse employment decisions.
b. prohibits only the federal government's use of polygraphs for making employment decisions.
c. allows polygraphs of employees only to determine illegal drug use by them.
d. completely prohibits all use of polygraphs by employers.
a
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An item originally priced at $30 is reduced to $19.95 . The off-retail markdown percentage is _____ percent
a. 25 b. 34 c. 66 d. 75
On March 15, 20X9, Troy, Peter, and Sarah formed Picture Perfect General Partnership. This partnership was created to sell a variety of cameras, picture frames, and other photography accessories. The following items were contributed by each partner in exchange for a one-third capital and profits interest:Troy-cash of $3,000, inventory with an FMV and tax basis $5,000, and a building with an FMV of $8,000 and adjusted basis of $10,000. Additionally, the building is secured by a $10,000 mortgage.
Peter-cash of $5,000, accounts payable with an FMV and tax basis of $19,000, and land with an FMV and tax basis of $20,000. Sarah-cash of $2,000, accounts receivable with an FMV and tax basis of $1,000, and equipment with an FMV of $26,000 and adjusted basis of $4,000. Also, the equipment is secured by a $23,000 note payable. What is the partnership's inside basis in each asset? How much gain or loss must Picture Perfect recognize? Prepare Picture Perfect's balance sheet reflecting the partners' capital accounts on both a tax basis and 704(b)/FMV basis. What will be an ideal response?
In the context of franchising, briefly discuss the Franchise Disclosure Document (FDD).
What will be an ideal response?
Property taxes are an example of a(n):
A. discretionary variable cost. B. committed variable cost. C. committed fixed cost. D. discretionary fixed cost. E. engineered cost.