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AysviL [449]
2 years ago
8

Mandel transferred property to his new corporation in a section 351 transaction. Among the several properties transferred by Man

del was land with a fair market value of $200,000 and a tax basis of $250,000. In all cases, the corporation will always take a tax basis in the land of $200,000 to prevent the "built-in loss" from being transferred from Mandel to the corporation.
True / False.
Business
1 answer:
JulsSmile [24]2 years ago
5 0

Answer:

False

Explanation:

§ 351 establishes that businesses shall not recognize any capital gain or loss from property transferred to them in exchange of stocks or partnership share. So the businesses have to record this type of transactions at their fair market value and not their tax basis.

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The basis for Durkheim's theory of society is the principle that Select one: a. people are the products of their social environm
Molodets [167]

Answer:

a. People are the products of their social environment.

Explanation:

The basis for Durkheim's theory of society is the principle that people are  the products of their social environments. around them. Emile Durkheim is a well known sociologist  and developed lots of social structure theories, which includes the Division of labor, Anomie and Functionalism. The theories of Emile Durkheim's  were founded on the concept of social facts, defined as the norms, values, and structures of society.

4 0
3 years ago
Most organizations spend more time and money on the systems ________ phase than on any of the other phases. Group of answer choi
mariarad [96]

Answer:

maintenance phase

Explanation:

Maintenance phase -

It refers to the phase of making the changes in the software , hardware and documentation to improve the operations effectively , is referred to as the maintenance phase .

The phase is important , as it enhances the efficiency and corrects the problem .

The company or the organisation tries to invest the maximum amount in the maintenance phase .

Hence , from the given statement of the question,

The correct option is maintenance phase .

6 0
2 years ago
Which of the following roles is typically associated with the project manager? ​ a. assigned by the performing organization to l
DochEvi [55]

Answer:

The role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A

Explanation:

One who is a professional in the field of project management is known as a project manager. He has the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; irrespective of the type of industry.

The project manager is responsible for ensuring that everyone on the project team knows and executes his or her role, feels empowered and supported in the role, knows the roles of the other team members and acts upon the belief that those roles will be performed.

The specific responsibilities of the project manager varies depending on the industry, the company size.

However, some responsibilities that are common to all project managers include:

  • Developing the project plans
  • Managing the project stakeholders
  • Managing communication
  • Managing the project team
  • Managing the project risks
  • Managing the project budget
  • Managing the project conflicts
  • Contract administration
  • Managing the project schedule

Thus, the role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A

All the other options are incorrect.

3 0
3 years ago
You mow your​ neighbor's yard and he pays you​ $25. Which function of money does this BEST​ represent?
elena55 [62]
You mow your​ neighbor's yard and he pays you​ $25. Which function of money does this BEST​ represent? Medium of exchange. The function of money, medium of exchange, is the exchange of money for a good or service. They are facilitating the transaction by paying the neighbor for the lawn cutting service. 


5 0
3 years ago
Read 2 more answers
Generally, filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restrictions. These
Paladinen [302]

<u>Answer:</u>

<em>Filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restriction to </em><u><em>appeal to multiple cultures </em></u>

<em></em>

<u>Explanation:</u>

Many independent filmmakers are amazed at the measure of exertion and ability required to verify a fair conveyance understanding. With the emotional increment in an autonomous generation, it is evident that numerous movie producers have aced the skills expected to confirm the cash and hardware and deliver the film.

Subsequently, if the Filmmaker has skillfully made content into an engaging film, the movie producer might have the option to get a superior arrangement.

4 0
2 years ago
Read 2 more answers
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