Which of the following is a specific separate income “basket” for purposes of the foreign tax credit limitation calculation?

A. Services income.
B. Passive income.
C. Business income.
D. None of these are separate FTC limitation baskets.
E. All of these are separate FTC limitation baskets.


Answer: B

Business

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What will be an ideal response?

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Marketing research departments located within a firm are called internal suppliers

Indicate whether the statement is true or false

Business

__________________ aligns the strategic plan with the day-to-day tasks required in the running of the organization.

a. Operational planning b. Strategic planning c. Divisional strategy d. Tactical planning

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________ is when an organization asks itself about whether to acquire new technology from an outside source or develop it internally.

A. Benchmarking B. Positioning C. Technology trading D. A make-or-buy decision E. Differentiation

Business