Answer:
Option C is correct.
The correct sequence is (2), (3), (1)
Explanation:
(2) Amounts deductible under other Code sections without regard to the nature of the activity, such as property taxes and home mortgage interest. should be deducted first
(3) Amounts deductible under other Code sections if the activity had been engaged in for profit, but only if those amounts do not affect adjusted basis (e.g., maintenance, utilities, and supplies). are deducted next
(1)Deductions affecting adjusted basis (e.g., depreciation) are taken next. At any point where the expenses exceed income, the deduction is limited to the remaining income.
Answer:
B. Power is proportionally spread to top, middle and first line managers
Explanation:
Decentralization is a do of the power structure in an organization or firm, in which the power or authority to make a decision is spread throughout each line or department of the firm or organization.
The main advantage of decentralization is that it allows swift decisions to be taken, and reduces unnecessary bureaucracy.
Hence, the statement that is correct of decentralization is "Power is proportionally spread to top, middle and first-line managers"
Answer:
To calculate the mean of grouped data, the first step is to determine the midpoint of each interval or class. These midpoints must then be multiplied by the frequencies of the corresponding classes. The sum of the products divided by the total number of values will be the value of the mean.
Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.
Explanation:
With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.
Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.
Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.
A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.
<h3>What does "competitive strategy" mean?</h3>
A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.
A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.
In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.
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