Tax planning is most commonly done to:

A. determine the tax penalty.
B. evade taxes.
C. minimize taxes.
D. pay taxes the person considers to be fair.
E. learn the tax code.


Answer: C

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A cell phone manufacturer feeling increased pressure to release new and updated models of cell phones is experiencing the effects of?

a. Lengthened product lifecycles b. Shortened product lifecycles c. Increased demand d. Reduced supplier availability

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Which of the following is the reason why physical distractions are usually easier to prevent in a listening or speaking situation? A. In a listening or speaking situation, the listener has little control over his or hersurroundings

B. The surroundings of a listening or speaking situation can often be changed. C. In a listening or speaking situation, the sender is never required to develop error-freemessages. D. In a listening or speaking situation, the receiver is never expected to provide feedback to the sender.

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Zero coupon bonds are offered at substantial discounts below their par values.

Answer the following statement true (T) or false (F)

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Banker's acceptances are financial assets sold by a company directly to investors, like bonds and common stock, but with very short maturity dates, while commercial paper is for self-liquidating inventories

Indicate whether the statement is true or false.

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