Answer the following statements true (T) or false (F)
1. Any distribution from a qualified tuition plan not used for qualified higher education expenses is both included in income and subject to a 10% penalty.
2. While payments received because a person has been physically injured are excluded from gross income, payments on account of non-physical injury must be included in gross income.
3. Awards for emotional distress attributable to a physical injury are excluded from gross income.
4. Punitive damages are taxable unless they are awarded for physical injuries.
1. FALSE
Only the income component of the distribution is subject to tax and penalties.
2. TRUE
Damage payments are excluded if due to physical injury and are not punitive damages.
3. TRUE
Damage payments are excluded if due to physical injury and are not punitive damages.
4. FALSE
Punitive damages are always taxable.
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The ______ discipline of human resource management encompasses all of the things that need to happen to get people interested in working for a company, including the recruiting process, selecting the best candidates who apply, and getting them settled into their new jobs.
A. interpersonal B. training C. staffing D. revenue
Which of the following statements best describes marketing public relations?
A) MPR is difficult to integrate into a marketing strategy. B) Firms with low credibility use MPR relations the most. C) MPR is the least effective promotional tool. D) MPR outcomes are not always under the control of the marketer. E) MPR is significantly more expensive than advertising to implement.
Often, attractive opportunities are fairly close to markets the firm already knows.
Answer the following statement true (T) or false (F)
________ refers to producers holding title to goods and services that they themselves do not want to consume and consumers wanting goods and services that they do not have.
A. Separation of ownership B. Spatial separation C. Discrepancies of assortment D. Separation in time E. Discrepancies of quantity