Answer:
Please find attached solution
Explanation:
Answer:
The statement which is incorrect or not true is Option A.
Explanation:
Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report
= $200,000 × 60%
= $120,000
But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.
Therefore, the first option is incorrect.
Answer:
C
Explanation:
Trade off can be expressed in terms of opportunity cost.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
Kyoko has limited time so she has to choose between three activities. If she chooses one sport, she would not be able to partake in the other activities. So, she is trading off biking or running for swimming.
Trade off occurs because resources are limited and wants are unlimited.
<span>The convenience offered by electronic communication needs to be weighed against security and privacy concerns.
Security and Privacy encompasses the rights and obligations of individuals and organizations with respect to the collection, use, retention, disclosure, and disposal of personal information. Security and Privacy is a risk management issue for all organizations, and many are looking to CPA firms for solutions.</span>
I don’t believe that government interventions
are sustainable over a long time.<span>
<span>Government interventions such as social welfares are in
reality good policies to aid deprived people sustain themselves for a short
period of time. Howeveri in order to entirely eradicate their poverty, they
have to ultimately get a decent job to maintain their own living, otherwise,
the Government just keep on spending and increases national debt over time.</span></span>
