Companies can deduct the cost of training as a business expense.
Answer the following statement true (T) or false (F)
True
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Wheels conducts exhaustive customer surveys to discover customer preferences and attitudes towards the brand. Sally uses cluster analysis to classify the data and help the company determine the trends in the information. Sally is using the technique of ________.
A) data management B) data marketing C) data governance D) data accumulation E) data mining
A lease is accounted for as a capital lease if the lease term is 75% or more of the property's economic life
a. True b. False Indicate whether the statement is true or false
Supervisors may find it harder to be fair when they supervise their own relatives. In the context of the ethical behavior of supervisors, this situation can result from practicing ________.
A. disloyalty B. dishonesty C. egotism D. nepotism
In 2000, Michael purchased land for $100,000. Over the years, economic conditions deteriorated, and the value of the land declined to $60,000. Michael sells the property in this year, when it is subject to a $30,000 nonrecourse mortgage. The buyer pays Michael $34,000 cash and takes the property subject to the mortgage. Michael incurs $5,000 in real estate commissions. Michael's gain or loss on the sale is
A. $36,000 loss. B. $1,000 loss. C. $4,000 gain. D. $41,000 loss.