Which of the following statements regarding adoption credits is not true?
A. The credit may be claimed regardless of the taxpayer's modified AGI.
B. An eligible child may be up to the age of 18.
C. Qualified expenses include adoption fees, attorney fees and court costs.
D. Qualified expenses do not include employer reimbursements.
Answer: A
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The best way to reduce your anxiety about public speaking is to:
a. pretend there is no one in the audience. b. apologize at the beginning of your speech to lower the expectations of your audience. c. be prepared. d. hold tightly to the podium.
To determine how much money to spend on advertising, marketers for a new brand of caffeinated energy drink decided that they wanted the advertising to create awareness of the new flavor in 80% of the energy drink market within one month of introduction. The marketers then determined how much it would cost to reach this goal. This is an example of which one of the following approaches to determining advertising budgets?
A. Objective-and-task B. Percent of sales C. Competition matching D. Arbitrary allocation E. Past-year comparison
Creditors cannot legally request collateral on a previously unsecured loan
Indicate whether the statement is true or false
Which of these is most likely to be attacked by the FTC as a deceptive business practice?
a. selling stock to investors in a company for three times its true value b. charging 25% interest on consumer loans when the market rate of interest is 10% c. mailing office supplies to corporations that did not order them, but then pay the bill because they thought they did order them d. telling consumers that a brand of jeans is special and selling them for double what other jeans sell for, when they are the same as other jeans except for the name e. all of the other choices