A standard family trust is all of the following except
A) it is established for children in a family.
B) it is created by wills.
C) it is used to minimize taxes.
D) it is a living trust.
Answer: D
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See the transactions for Monaco & Associates. Based only on these transactions, what is the total amount of expenses that should appear on the income statement for the month of October?
a. $ 430 b. $ 850 c. $ 1,280 d. $ 1,440
Fiona Lambrech is the marketing director of a newly established detergent company. In order to introduce her product effectively into the market, Fiona sends samples of the detergent to a select group of individuals
Which of the following forms of marketing was most likely used by Fiona? A) direct-mail marketing B) catalog marketing C) telephone marketing D) kiosk marketing E) direct-response television marketing
The Sarbanes-Oxley Act intends to enhance corporate responsibility and financial disclosures
Indicate whether the statement is true or false.
Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,000 and will produce cash flows as follows: End ofYearInvestment?AB1$8,000 $0 2 8,000 0 3 8,000 24,000 The present value factors of $1 each year at 15% are: 10.869620.756130.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment B is:
A. $780. B. $9,000. C. $(15,780). D. $39,797. E. $(5,918).