Dayfair Mobile's external environment is changing rapidly, and it responds by decentralizing decisions to allow lower-level managers to react faster. Which type of organizational structure allows this?
A. organizational
B. organic
C. bureaucratic
D. mechanistic
E. formal
Answer: B
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The _____ of a specific raw material is the optimal quantity that allows a business to minimize overstocking and save cost, without risking understocking and missing production deadlines.
A. targeted market list (TML) B. bill of materials (BOM) C. economic order quantity (EOQ) D. convenient order quantity (COQ)
When writing a high-impact message, one should:
A. considerhow the audience will feel about the message. B. consider what the audience will do with the message. C. use passive voice wherever possible. D. avoid using contractions, such as "don't" and "I'll."
In terms of dispersal of ownership, corporations are classified as either closely held or publicly held.
Answer the following statement true (T) or false (F)
Pogo, Inc., which has a 21 percent marginal tax rate, owns 50 percent of the stock of a CFC. At the beginning of the year, Pogo's basis in the CFC stock was $2 million. The CFC's current year earnings were $750,000 of which $600,000 was subpart F income and zero was global intangible low-taxed income. The CFC paid no foreign income tax and distributed no dividends. a. Explain Pogo's U.S. tax consequences with respect to its investment in the CFC. b. Compute Pogo's basis in its CFC stock at the end of the year.
What will be an ideal response?