Under the tax concept of income, all realized income is recognized and subject to tax.
Answer the following statement true (T) or false (F)
False
Some items of income are not taxable due to special provisions or incentives in the law. Some of the income items are excluded, whereas some are deferred to a later date.
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As a business approaches 100 percent of its share development index, additional growth based on market share gains becomes increasingly difficult
Indicate whether the statement is true or false
Operational efficiencies can be improved by
a. updating accounts both common and unique to many concurrent transactions in real time. b. updating accounts both common and unique to many concurrent transactions in batch mode. c. updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode. d. None of the above are true statements
Which of the following is perhaps the easiest way to quantify the costs associated with unethical behaviors?
a. interviewing defrauded clients b. looking at lawsuits c. surveying employees to determine work hours lost d. comparing revenue of ethical companies to unethical ones
Transformational leadership is fundamentally morally uplifting. This suggests that ______.
A. use of coercive leadership cannot be considered leadership B. all transformative leadership has a negative side C. using contingent reward cannot be considered leadership D. using management by exception cannot be considered leadership