Business income allocations from an S corporation to its shareholders are potentially subject to the 3.8 percent net investment income tax if the shareholders are passive investors in the S corporation.
Answer the following statement true (T) or false (F)
True
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[The following information applies to the questions displayed below.] The inventory records for Radford Co. reflected the following:Beginning inventory @ May 1100 units @ $4.00First purchase @ May 7300 units @ $4.40Second purchase @ May 17500 units @ $4.60Third purchase @ May 23100 units @ $4.80Sales @ May 31900 units @ $7.80What is the amount of cost of goods sold assuming the LIFO cost flow method?
A. $3,600 B. $2,360 C. $4,320 D. $4,100
When conducting selection interviews, Sarah likes to ask questions like “Imagine you are working the night shift and a piece of machinery breaks down. What would you do?” Sarah is asking _______ questions.
A. probing B. unstructured C. closed-ended D. hypothetical E. traditional
By being first to market a product, the venture:
A. tends to lose customer loyalties to late entrants. B. secures access to important sources of supply. C. loses out to switching costs. D. can sell its products and services at a higher price.
Which of the following statements is true of rapid instructional design (RID)?
A. Rapid instructional design is a self-serviced, modifiable, and on-demand computing system that provides information technology infrastructure over a network. B. Rapid instructional design refers to a company that provides software for a specific application. C. Instructional content and process can be developed independently of each other. D. Resources that are devoted to design and delivery of instruction cannot be reallocated.