Which of the following is classified as "portfolio income"?
I.Dividend income from an investment in Lincoln Corp. common stockII.Royalty income from the ownership of the mineral rights on land; the taxpayer does not share the expenses with the extraction company?
A. Only statement I is correct.
B. Only statement II is correct.
C. Both statements are correct.
D. None of the statements are correct.
Answer: C
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Which of the following approaches to new product development consists of a funnel like process where the number of concepts diminishes after each step because some will fail the test at each stage?
A) the Classic Linear Approach B) the Rugby Approach C) the Cost Differential Approach D) the Target Costing Approach
A factory department that is an essential part of the organization, but does not work directly on the product is a(n):
a. indirect department. b. overhead department. c. service department. d. flexible department.
The organizational subsystem that involves how raw materials and inputs transform into outputs, such as work flow design and job design is known as ______.
A. social factors B. formal organization C. physical setting D. technology
In project teams, effective leaders require that members ______ their work through memos and reports.
Fill in the blank(s) with the appropriate word(s).