If the taxpayer has capital gain distributions from a mutual fund and no other capital gain transactions for the year, a Schedule D is not required to be prepared.
Answer the following statement true (T) or false (F)
True
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Causality may be thought of as understanding a phenomenon in terms of conditional statements of the form "If x, then y."
Indicate whether the statement is true or false
Bob is 25 years old and has a 40-year-old uncle who has recently entered his second
adolescence. Bob is close to this uncle although the uncle does not provide Bob with any support. Within the past year, Bob's uncle has obtained a divorce, bought a large customized motorcycle, and begun smoking and drinking heavily. In addition, he has begun hanging out in bars known for periodic violence. Bob decides that taking out a life insurance policy on his uncle could be a good investment. In this situation: A) Bob has an insurable interest in his uncle because of the close family relationship. B) Bob does not have an insurable interest because he took out the policy only after his uncle's lifestyle change. C) Bob does not have an insurable interest because the relationship is too remote and he receives no support from the uncle. D) Bob has an insurable interest, but only if he is named in his uncle's will to receive assets from his uncle's estate.
In the context of setting incentives for lower-level employees, identify a true statement about performance standards.
A. They are determined independently for each employee. B. They make it easier for supervisors to assign work to employees equitably. C. They are easy to specify and broadly similar at all levels of an organization's hierarchy. D. They can only be applied to jobs with long cycles.
Shareholders' meetings need not occur at any certain interval.
Answer the following statement true (T) or false (F)