Which of the following sources of tax law carries the least authority?

A. Treasury regulation
B. Section 736 of the Internal Revenue Code
C. The three sources of tax law have equal authority
D. Revenue ruling


Answer: D

Business

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Which of the following will increase the contribution margin?

a. Reduction in variable costs b. Reduction in fixed costs c. Reduction in sales d. Reduction in net income

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Greenfield ventures, like all market entry strategies, can pose serious problems to achieving foreign market entry success. What is not deemed a barrier to success?

A. Such ventures are the fastest entry route to achieve a sizeable market share. B. Such ventures can require costly capital investments. C. Such ventures can have a tendency to divert valuable resources from current business. D. Such ventures require legal protections of foreign investors. E. Such ventures really need well-functioning strong markets.

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Financial markets bring together _____ and ______.

a. supply and demand b. buyers and sellers c. white collar and worker d. doctors and nurses e. none of the above

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The Federal Trade Commission is a government agency that issues rules, orders, and decisions. The Georgia state legislature enacts statutes. The Jackson County Board and the Peach City Council enacts ordinances. Administrative law includes

A. all law that affects a business's operation. B. the rules, orders, and decisions of the Federal Trade Commission. C. statutes enacted by the Georgia state legislature. D. ordinances created by the Jackson County Board and the city council of Peach City, Georgia.

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