For a new car that is used predominantly in business, the "luxury auto" limit depends on whether the taxpayer takes MACRS or straight-line depreciation
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: The statutory cost recovery limits apply regardless of whether MACRS or straight-line depreciation is used.
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Recordkeeping for the modified cash basis of accounting is identical to that for the cash basis of accounting
Indicate whether the statement is true or false
If you find information on the Web, you can be assured that it is reliable
Indicate whether the statement is true or false
Tom Monahan, a business creativity coach, says that every new idea is merely a spin of an old idea. A company that enters the market by offering a product or service that is somewhat new and sufficiently different in order to create value for customers by capitalizing on current trends is using which new entry strategy?
A. differentiated B. imitative C. adaptive D. pioneering
Transactional work is typically paid more than tacit work.
Answer the following statement true (T) or false (F)