Identify which of the following statements is false.

A) The number "5" in the citation Reg. Sec. 1.166-5 refers to the paragraph number.
B) The Cumulative Bulletin is issued semiannually while the Internal Revenue Bulletin is issued weekly.
C) The citation Rev. Rul. 2006-5, I.R.B. 2006-1, 33, indicates that the revenue ruling can be found on page 33 of the 1st I.R.B. for 2006.
D) All of the above are false.


A) The number "5" in the citation Reg. Sec. 1.166-5 refers to the paragraph number.

Business

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Which of the following Supreme Court cases established that states can compel online retailers to collect and remit sales taxes even if they do not have a physical presence within the state?

A. South Dakota v. Wayfair B. Bilski et al. v. Kappos C. Quill v. North Dakota D. Alice Corporation v. CLS Bank International

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Refusing to perform any act that would be considered unjust is an example of which of the following specific behaviors of high integrity?

a. Reproaching just acts b. Processing humility c. Maintaining reciprocity d. Take responsibility

Business

Assuming no exemption applies, what is the penalty for a violation of section 5 of the 1933 Act through offering a security for sale without an effective registration statement or by means of a noncomplying prospectus?

a. The purchaser may keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor can get his or her money back. b. The purchaser must keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor will be refunded his or her money. c. The investor has no option to keep the shares but will be refunded his or her money. d. The investor must hold the shares for at least two years but will be refunded his or her money if the investment has failed to show a profit within that amount of time.

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Scheduling involves generating a work schedule for employees or sequences of jobs or customers at workstations

Indicate whether the statement is true or false

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