Identify which of the following statements is true.
A) Ann, Dewey Corporation's sole shareholder, exchanges her Dewey stock having a $400,000 FMV and a $175,000 adjusted basis for $350,000 of Heider Corporation stock and $50,000 cash. Ann realizes a $225,000 gain on the stock transfer, none of which is recognized.
B) A Type B reorganization can be accomplished without formal shareholder approval.
C) The target corporation's tax attributes are lost in a Type B reorganization.
D) All of the above are false.
B) A Type B reorganization can be accomplished without formal shareholder approval.
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When a corporation pays a previously declared cash dividend, which of the following is true?
A) Cash increases. B) Liabilities decrease. C) Equity decreases. D) No entry is necessary.
All groups that are affected by a project are known by this name:
A) Ombudsmen. B) Team members. C) Minions. D) Stakeholders.
The primary psychological influences on consumer behavior are
A. perception, motives, learning, attitudes, personality, and lifestyles. B. attitudes, perception, retention, exposure, roles, and lifestyles. C. attitudes, perception, social class, culture, and learning. D. perception, motives, reference groups, social class, and personality. E. lifestyles, personality, perception, motives, attitudes, and culture.
Marketing ethics and social responsibility mean the same thing.
Answer the following statement true (T) or false (F)