A(n)___________ is the power to adopt laws that protect the general welfare, health, safety, and morals of the people
A) Ex post facto law
B) State's shared power
C) Delegated power
D) State's police power
D
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________ methods of forecasting translate the opinions of management, experts, consumers, or salesforce into quantitative estimates
Fill in the blanks with correct word
What BEST describes a simulation model with a limited number of variables, each with a finite number of values?
A) Monte Carlo simulation B) discrete event simulation C) continuous distribution simulation D) system dynamics simulation
Why might a company use direct labor cost as an overhead allocation base rather than using direct labor hours?
What will be an ideal response?
Three years ago, Sharon loaned her sister $30,000 to buy a car. A note was issued for the loan with the provision for monthly payments of principal and interest. Last year, Sharon purchased a car from the same dealer, Hank’s Auto. As partial payment for the car, the dealer accepted the note from Sharon’s sister. At the time Sharon purchased the car, the note had a balance of $18,000. During the current year, Sharon’s sister died. Hank’s Auto was notified that no further payments on the note would be received. At the time of the notification, the note had a balance due of $15,500. What is the amount of loss with respect to the note that Hank’s Auto may claim on the current year tax return?
A. $0 B. $3,000 C. $15,500 D. $18,000 E. None of these.