Answer:
If Hickory Manufacturing elects to sue the United States (the IRS is a federal administrative agency) to recover the refund, it must pursue the matter:
D. in United States Tax Court, since the dispute involves a tax matter.
Explanation:
The United States Tax Court is the federal trial court of record for tax disputes. It is like a tribunal, which is inferior to the Supreme Court. It was established by Congress, under Article I of the Constitution in 1969, to hear tax matters and adjudicate tax disputes. Appeals are made directly, from this court, to the appeal court, before the matter can be dragged to the US Supreme Court.
Answer:
what managers think costs should be
Explanation:
Standard cost systems are based on what managers think costs should be as opposed to actually using the prices based on what they should be. The managers accomplish these prices by estimating the costs that will be incurred by the business during the production process and then creating the costs based on their estimations.
Answer: phenomenon called analysis paralysis.
Explanation:
Analysis paralysis occurs when an individual overanalyzes or over-thinks a situation which then brings about inability to make decisions.
In this case, since the salesperson delays the actual meeting with the customer because he feels that he requires a couple of weeks more to gather enough information to make the sales call despite gathering enough information, this is an analysis paralysis.
