May a taxpayer appeal a case litigated under the small cases procedure of the tax court?

The CEO of a service company wants to change the strategy of the company from volume sales to high-quality products. Which philo

Mumz [18]

Answer:The CEO should implement

Deming's 14 points.

Explanation:

Deming's 14 points is a management practice that helps company improve their productivity and quantity.

Also, Deming contain 14 key principles for management for transforming business effectiveness.

8 0

3 years ago

Which of the following is true? Multiple Choice

spin [16.1K]

Answer:

The answer is: D) Licenses for functional intellectual property can be viewed as conveying a right of use.

Explanation:

Functional Intellectual Property (IP) is different from other IP since it must possess a standalone functionality. This means it must be able to perform a task, process a transaction, etc.

Because functional IP possess a standalone functionality, licensing agreements provide the customer immediate use of the functional IP. Therefore, revenue from licensing functional IP is recognized at the time the license is given.

7 0

3 years ago

Last year Susana's mother, Maria, suffered from a heart attack and is no longer capable of caring for herself. Maria made arrang

andrezito [222]

Answer:

Maria is considered to be an Dependent.

Explanation:

An individual who varies depending on someone or something for help, support, favor, etc., a kid, a wife, a family member or some comparative to whom one adds value all or a significant amount of the required financial assistance,called dependent person.

According to TAX rules:

A dependent is a non-taxpayer or partner which entitles the taxpayer to claim an exemption from dependency.

3 0

3 years ago

For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Effect

salantis [7]

Answer:

Debit Credit

A Bonds payable Decrease Increase

b. Unearned Service Revenue Decrease Increase

c. Depreciation Expense Increase Decrease

d. Common Stock Decrease Increase

e. Buildings. Increase Decrease

f. Rent Revenue. Decrease Increase

Explanation:

Debit Credit

A Bonds payable Decrease Increase

Bonds payable are a form of long term debt usually issued by corporations, hospitals, and governments.

b. Unearned Service Revenue Decrease Increase

Unearned Service Revenue is a liability account that is used to record advanced collections from clients. In other words, it pertains to revenue already collected but the service has not yet been rendered

c. Depreciation Expense Increase Decrease

Depreciation expense is the amount of depreciation that is reported on the income statement.

d. Common Stock Decrease Increase

Common stock is a security that represents ownership in a corporation.

e. Buildings. Increase Decrease

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory

f. Rent Revenue. Decrease Increase

Rent Revenue is the title of an income statement account which (under the accrual basis of accounting) indicates the amount of rent that has been earned during the period of time indicated in the heading of the income statement.

7 0

3 years ago

The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ

Arisa [49]

Answer:Quality control

Explanation:

The act of supervising all the jobs to achieve the desired excellence is termed as quality control. In general, its purpose is to identify the defects in a lot by checking a few items.

Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.

8 0

3 years ago

May a taxpayer appeal a case litigated under the small cases procedure of the tax​ court?

May a taxpayer appeal a case litigated under the small cases procedure of the tax court?