Answer:
False
Explanation:
§ 351 establishes that businesses shall not recognize any capital gain or loss from property transferred to them in exchange of stocks or partnership share. So the businesses have to record this type of transactions at their fair market value and not their tax basis.
Answer:
Relevance and faithful representation
Explanation:
The is a general consensus that accounting information must possess certain basic characteristics for it to be useful to the users of financial statement. The International Accounting Standards Board (1ASB) gave voice to this assertion when it prescribes some basic characteristics of accounting information which are 1. Understandability 2. Relevance 3. Reliability 4. Comparability. 5. Materiality. 6. <em>Faithful representation.</em> 7. Substance over Form. 8. Neutrality. 9. Prudence. 8. Timeliness. 9. Completeness.
Faithful representation is the requirement that financial statement must be accurate and must show a true and fair view of the position of the business.
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Answer:
1. Two Stage Least Squares
Two stage least squares is a statistical technique of regression analysis. It is used to analyze structural equations. It is used to compute estimated values of the problematic predictors and then linear regression model of dependent variables is computed. This technique is also used in quasi experiments.
2. Estimation with control variables
A control variable is constant element which is kept unchanged throughout the process of experiment in order to get the estimation.
3. Panel estimation with fixed effects
In Panel estimation fixed effects are referred to the estimator of the coefficient in regression model. Panel estimation method with fixed effects helps estimation of equations.
Explanation:
1. Two Stage Least Squares
Two stage least squares is a statistical technique of regression analysis. It is used to analyze structural equations. It is used to compute estimated values of the problematic predictors and then linear regression model of dependent variables is computed. This technique is also used in quasi experiments.
2. Estimation with control variables
A control variable is constant element which is kept unchanged throughout the process of experiment in order to get the estimation.
3. Panel estimation with fixed effects
In Panel estimation fixed effects are referred to the estimator of the coefficient in regression model. Panel estimation method with fixed effects helps estimation of equations.
Answer:
b. Team members may collect data using different operational definitions
Explanation:
when teams effectively plan for data collection, they plan to collect data collect efficiently in order to achieve the aim of the data collection
An operational definition is how a researcher decides to measure variables.
when teams effectively plan for data collection, they can collect data using different operational definitions to be able to conduct their research more robustly
Outcomes of teams not planning efficiently for data collection
a. The team may not collect enough data
b. The data may not be valid