Some government and not-for-profit organizations have added budgeting by objectives and/or measures of productivity to their financial reporting
Indicate whether the statement is true or false
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For income tax purposes, pension plan sponsors deduct the amount of the:
A. plan contribution. B. service cost. C. service cost plus net amortization and deferral. D. pension expense.
What is liquidation? How does the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 affect the process of liquidation?
What will be an ideal response?
The mid-year convention under MACRS provides that:
A. depreciation is allowable in the year of acquisition of qualified property only if the property is placed in service in the first one-half of that year. B. one-half of the year-of-acquisition depreciation is allowed regardless of when the property is placed in service during the year. One-half of the year's depreciation is allowable for the year of disposition. C. depreciation is allowable in the year of disposition only if the property is disposed of in the last one-half of that year. D. the cost recovery deduction is based on the number of months the property was in service in the year of acquisition. Therefore, one-half of the month's cost recovery is allowable for the month in which the property is placed in service and for the month of disposition.
Which of the following statements is true of content management systems?
A) Web content management systems support website development and maintenance for smaller teams. B) Web content management systems enable people with limited web development skills to contribute to a website from anywhere in the world. C) Web content management systems allow people to match their site's overall look and feel to the single available template with fonts, colors, and layout. D) Web content management systems create personalized development environments for designers such that two people trying can edit the same page at the same time.