The term "tax law" includes
A. Treasury Regulations.
B. Internal Revenue Code.
C. judicial decisions.
D. All of the above.
Answer: D
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Disruptive innovation differs from discontinuous innovation in that disruptive innovation ________
A) refers to a major shift from an old technology B) usually offers new customer benefits C) refers to change along the technology innovation curve D) refers to the development of technology and improved products for a given product market E) allows for the development of products that are more expensive
According to Herzberg, once a state of no dissatisfaction has been reached,
A. the manager should strive to create a feeling of equity among all employees. B. the employee will naturally be satisfied so managers need not focus on employees’ individual needs. C. further attempts to enhance motivation via the hygiene factors will not be effective. D. the employee will be motivated to achieve but some attention from managers can increase motivation further. E. a manager’s increased attention to motivation factors will not be effective.
Debentures that the holder (lender) can exchange, possible after some specific period of time has elapsed, for a specific number of shares of common stock or, perhaps, preferred stock of the borrower are called _____ bonds
a. sinking fund b. zero coupon c. serial d. convertible e. callable
For years one through five, a proposed expenditure of $500,000 for a fixed asset with a 5-year life has expected net income of $40,000, $35,000, $25,000, $25,000, and $25,000, respectively, and net cash flows of $90,000, $85,000, $75,000, $75,000, and $75,000, respectively. The cash payback period is 5 years
Indicate whether the statement is true or false