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bogdanovich [222]
3 years ago
9

Suppose that Hickory Manufacturing, Inc., a corporation headquartered in North Carolina, believes that it is entitled to a $24,7

00 federal tax refund, and that the Internal Revenue Service (IRS) has wrongfully refused to issue the refund. 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:__________
a. in federal court, since the United States is a party to the litigation.
b. in North Carolina state court, since the company is headquartered in North Carolina.
c. through binding arbitration, non-binding arbitration, or mediation, since the United States has governmental immunity in the court system (although it does allow claims against the federal government to be pursued via alternate dispute resolution).
d. in United States Tax Court, since the dispute involves a tax matter.
Business
1 answer:
iragen [17]3 years ago
6 0

Answer: in a federal court, since the United States is a party to the litigation.

Explanation:

Based on the scenario in the question, in case Hickory Manufacturing elects to sue the United States in order to get back the $24700 federal tax refund which wasn't given to the company, it must be done in a federal court because the the IRS is a federal administrative agency and hence, the matter can't be pursued in the North Carolina state court.

Therefore, the correct option is A "in a federal court, since the United States is a party to the litigation".

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The net decrease in Prepaid Expenses (Prepaid) amounts to $30,000 and the net decrease in Accounts Payable (AP) is $20,000. Assu
tester [92]

Answer:

Net decrease in prepaid expenses of $30,000 will be added to the net income in adjustments to net income because it will be considered that working capital (inventory or any other expense) has been generated by the operations.

Net decrease in Accounts payable of $20,000 will be deducted from net income in adjustments to net income because decrease in accounts payable means that cash has been paid to the outstanding payables.

Net effect of the above transactions is $30,000 - $20,000 = $10,000

So, net income will be increased by $10,000 as net effect of the above adjustments.

7 0
3 years ago
1. What is an example of a fixed expense?<br> Car payment<br> Utilities<br> Groceries<br> Gasoline
guajiro [1.7K]

Answer:

Car payment

Explanation:

Car payment when you purchase the car

no matter how sales or production change,

Your payments on the car be weekly or monthly will always be the same.

Hope this helped!

4 0
3 years ago
If your team is composed of people from different functional departments (and even outside the organization), what type of team
Alborosie

Answer:

Cross functional team

Explanation:

There are various team types depending on their composition and how they function to meet organisational goals.

The types of teams are functional, cross functional, and work teams.

The cross functional team are made up of individuals from different functional departments and even from outside of the organisation.

This type of team is characterised by people who are experts in their fields. Therefore they usually make decisions without consulting management.

This type of team maximises coordination between specialised subunits

6 0
3 years ago
Which of the following is not an assumption of the productions possibilities frontier?
lesya [120]

Answer: Option D

Explanation: A frontier of development possibilities determines the set of choices made by society for the mixture of goods and services it can create, given the available resources capacity. Usually considered for an economy, this balancing act extends to every ordinary citizen, and the economic institution as well.

This curve depicts  the fact that only by reallocating resources from other goods and thus producing less of them can one good be produced as the resources in hand for production is limited.

Hence from the above we can conclude that the correct option is D.

3 0
3 years ago
Paul Martin had worked for 12 years for the department of transportation when he applied for a promotion to dispatcher. Martin s
Katen [24]

Answer:

a.)

The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.

b.)

If I were the judge , then i would not consider the case under racial harassment .

Because the country has an argument that Palmer had gotten the job as part of a voluntary affirmative action plan designed to achieve a work force that reflected the race and gender composition of the county.

Also , we know others law that says about equal employment has to give to the person without any discrimination.

c.)

To lower down the illegal occupation activities , proper plan of the workspace is must.

Steps required for workspace planning -

1. Objective of Business

2. Current workforce

3. Workers Necessity

4. Gap Minimization

5. Action plan review.

Explanation:

As given,

Paul Martin had worked for 12 years for the department of transportation when he applied for a promotion to dispatcher.

Martin scored 75 on an interview test.

Betty Palmer, another candidate, scored 73 and got the job.

a.)

The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.

b.)

If I were the judge , then i would not consider the case under racial harassment .

Because the country has an argument that Palmer had gotten the job as part of a voluntary affirmative action plan designed to achieve a work force that reflected the race and gender composition of the county.

Also , we know others law that says about equal employment has to give to the person without any discrimination.

c.)

To lower down the illegal occupation activities , proper plan of the workspace is must.

Steps required for workspace planning -

1. Objective of Business

2. Current workforce

3. Workers Necessity

4. Gap Minimization

5. Action plan review.

5 0
3 years ago
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