If the principal reason for a taxpayer's presence in an institution (e.g., a nursing home) is the need and availability of medical care, the entire cost of lodging and meals is considered qualified medical expenditures.

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


True

Costs of institutional care (including meals and lodging) are only allowed if the principal reason is for access to needed medical care.

Business

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Which of the following lists the three important components of a basic marketing information system (MIS)?

A) competitive intelligence, internal records, and all sales personnel B) existing data, market researchers to gather more data, and the technology to convert those data into information C) managers at all levels, corporate culture, and internal data D) data, computer hardware and software, and output for marketing decision makers E) information resources, technical experts, and marketing managers

Business

______ or color copies (when enlarged so everyone can see them) also make effective visual aids.

a. Models b. Props c. Photographs d. Charts

Business

In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm charges premium prices for its movie tickets and services. Global Cine Inc., in contrast, charges the lowest price in the industry with its no-frills approach. In between these two segments is True Movies Inc., which offers a customer experience comparable to that of Vibrant Movies at a price almost as low as that of Global Cine. What strategy is True Movies pursuing in this scenario?

A. market penetration strategy B. liquidation strategy C. blue ocean strategy D. product diversification strategy

Business

What is payback from the financial perspective? Why would a manager choose to use this approach to investment analysis?

What will be an ideal response?

Business