Hilex Inc. liquidates its investment in General Electric corporate bonds and reinvests the proceeds in City of Miami municipal bonds. This tax planning strategy may be taking advantage of the:
A. Jurisdiction variable
B. Time period variable
C. Entity variable
D. Character variable
Answer: D
You might also like to view...
Rev Motor Company buys plugs and points from Sparkplugs Inc. and puts them in Rev vehicles without changing their composition. If the parts are defective, strictly liable for any damage caused by the defects may be
A. Rev only. B. Rev, Sparkplugs, and the owner and operator of the Rev vehicle. C. Rev and Sparkplugs. D. Sparkplugs only.
When a company replaces an old asphalt roof on its plant with a new fiberglass insulated roof, which of the following types of expenditure has occurred?
a. Ordinary repairs and maintenance b. Addition c. Rearrangement d. Betterment
In a flow chart, activities or steps are usually indicated by _________________
a. squares and rectangles b. triangles and diamonds c. a series of arrows d. the color blue
In intra-organizational communication, an example of downwards communication might be when __________.
a. A subordinate communicates with his manager about a certain strategy b. One department communicates with another department about a decision c. A manager instructs a subordinate on how to do a particular job d. A subordinate is offered a job by a manager from another organization