Adjudicatory hearings are initiated by:
a. a business filing a complaint
b. the Supreme Court filing a complaint c. an agency filing a complaint
d. a business refusing to respond to a complaint e. an agency issuing sanctions against a business
c
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A group of hospitals uses bright, homely colors for its decor and furnishings, in order to lessen
the traumatic associations with traditional white and gray colors of hospital equipment. This approach to differentiation is this an example of ________. A) reliability B) responsiveness C) tangibles D) customer consulting
The following information is available for the Higgins Travel Agency. After closing entries are posted, what will be the balance in the Retained earnings account? Net Income$55,500?Retained earnings 136,500?Dividends 17,200?
A. $136,500. B. $174,800. C. $63,800. D. $209,200. E. $98,200.
Olive oil is usually advertised using terms such as "pure olive oil" and "extra virgin," a phrase that denotes the highest grade of olive oil. However, studies have shown that olive oil is one of the most adulterated products on the market. Many of the oils sold in grocery stores are of lower quality than advertised or, even worse, are diluted with other products such as sunflower oil. Olive oil producers who claim to sell extra virgin, pure olive oil but really provide an impure product have engaged in
A. pro bono advertising. B. deceptive advertising. C. puffery. D. unfair advertising. E. subliminal advertising.
Wilmington, Inc., a Pennsylvania corporation, manufactures computer components that it sells to Seine Corporation, a French company, for assembly into finished products. Wilmington owns 90% of Seine's stock. Wilmington's cost per component is $5, its selling price per component is $16, and it sold 110,000 components to Seine this year. Wilmington's taxable income as reported on its Form 1120 was $2,400,000, and Seine's taxable income as reported on its French corporate income tax return was $1,750,000. Determine the effect on the taxable incomes of both corporations if the IRS determines that an arm's length transfer price per component is $23.
A. Wilmington's taxable income will decrease by $770,000 and Seine's taxable income will decrease by $770,000. B. Taxable income of both corporations will increase by $770,000. C. Wilmington's taxable income will increase by $770,000. Seine's taxable income does not change. D. Taxable income of both corporations will decrease by $770,000.