Answer:
If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.
Answer:
a. A multinational cooperation
Explanation:
A multinational organization is a company that carries out its business activities in many different countries at the same time.
As such, it is a company that operates in various countries.
Examples of such companies are Google, Microsoft, Shell, Mobil etc.
Since Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U.S., and 13% from other parts of the world, Clearly, Fadeson exemplifies a multinational cooperation.
The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.
What Are the Economic Impacts of Specialization?
- When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur.
- A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.
- The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.
- Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.
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