To be a qualifying relative, the taxpayer must meet three general tests and four specific tests. Which one is not part of the three general tests?
A. Dependent taxpayer test.
B. Joint return test.
C. Support test.
D. Citizen or resident test.
Answer: C
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Asking a meeting member to play “devil’s advocate” is a strategy for ______.
A. keeping the meeting short B. avoiding groupthink C. encouraging harmony D. strengthening leadership
Short-term objectives and action plans are types of boundaries that channel the efforts of employees toward goal accomplishment.
Answer the following statement true (T) or false (F)
The number of participants who discontinue their use of a service divided by the average number of total participants is called
A. customer lifetime value. B. customer loyalty. C. churn. D. customer retention. E. cancellation cost.
Which of the following statements is CORRECT?
A. Since depreciation increases the firm's net cash provided by operating activities, the more depreciation a company has, the larger its retained earnings will be, other things held constant. B. A firm can show a large amount of retained earnings on its balance sheet yet need to borrow cash to make required payments. C. Common equity includes common stock and retained earnings, less accumulated depreciation. D. The retained earnings account as reported on the balance sheet shows the amount of cash that is available for paying dividends. E. If a firm reports a loss on its income statement, then the retained earnings account as shown on the balance sheet will be negative.