A tax client wishing to defer income he earned this year asks his accountant to misstate information on his tax return. If the accountant does so, she may be subject to fines and up to five years in prison
Indicate whether the statement is true or false
False
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Answer the following statements true (T) or false (F)
1. In a partnership, a person can become a partner by purchasing an existing partner's interest. 2. The purchase of an existing partner's interest is a transaction between the partnership and the new partner, and not a personal transaction between the two individuals involved. 3. When a new partner enters into a partnership by purchasing an existing partner's interest, the total assets and equity of the business increase. 4. When a new partner is admitted to a partnership by purchasing an existing partner's interest, the business's accounting records do not record the transfer of cash from the new partner to the existing partner. 5. Admission of a new partner to a partnership, by purchasing an existing partner's interest, simply transfers capital from one partner's account to another.
Which module of the ERP system includes applications for managing payrolls, time and labor tracking, compensation management, employee recruitment, and planning workforce needs?
a. manufacturing b. human resources management (HRM) c. supply chain management (SCM) d. finance and accounting
What are proactive political strategies? How do they help multinational companies (MNCs) to respond to political risks?
What will be an ideal response?
The social utility, Facebook, offers which of the following?
a. Synchronous interactions only. b. Asynchronous interactions only. c. Both synchronous and asynchronous interactions. d. Neither synchronous nor asynchronous interactions. e. These terms are not relevant to understanding the utility of Facebook.