Scott owns a welding business in alabama. every year, when he meets with his accountant to file his tax returns, he claims that he should be able to show a loss on his tax returns. his accountant always shows a profit on his tax returns. fully explain what scott's claim is based on.

Answers

Answer 1
For a loss to be shown on his tax return, the total expenses (prices of goods, supplies, transportation and so on) must be larger than the sale or revenue. 
Since he's always showing profit, this means that his revenue his more.

Scott may be including some illegitimate factors (factors that are not usually included in the calculation) in his calculations. These factors may lead to hypothetical loss for him.
Answer 2

For a misfortune to be appeared on his government form, the all out costs must be bigger than the deal or income. Since he's continually indicating benefit, this implies his income his more. Scott might incorporate some ill-conceived factors in his estimations. These components may prompt theoretical misfortune for him.  

Further Explanation:  

Example 1:  

Expecting that the bookkeeper is right all things considered, Scott is ascertaining his misfortune on costs or different elements that that would not be real conclusions or costs. A typical Example is vehicle mileage the citizen wishes to guarantee as business mileage yet by principle would be viewed as driving mileage.  

Example 2:  

Another Example would be things that Scott may wish to cost completely in this assessment year however by guideline they should be devalued. Scott could need to take a business utilization of his home yet have a misconception of what the standards are. There are many such regular issues when doing a business return and the customer does not comprehend the expense rules.

Subject: business

Level: college

Keywords: Example 1, Example 2.  

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Related Questions

Patagonia hires people who have a passion for something, even if their passion has nothing to do with patagonia's products. the process of determining the qualifications of employees needed in a company and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling these employees to achieve organizational goals is called

Answers

The qualification process in selecting, developing, motivating, evaluating employees in a company is called Human Resource Management

Further explanation

Human resource management is a process of dealing with various problems in the scope of employees, employees, laborers, managers and other workers to be able to support the activities of the organization or company in order to achieve predetermined goals.

Human Resource Management is the science of managing the relationships and roles of the workforce efficiently and effectively to achieve the company's main objectives.

Human Resources Management Objectives:

Make Policies and Considerations Helping Company Achieve Goals Give support Solve the problem The Best Communication Media

Human Resource Management Function :

Staffing / Employment

With the management of human resources, it will form a good plan related to labor selection that is tailored to the needs of the company.

Performance Evaluation

A manager will be responsible for evaluating the workforce.

Compensation

Human resource management is also related to the coordination of compensation or rewards for workers. Managers have the responsibility to develop a good payroll structure.

Training and Development

As explained in terms of human resource management that regulates labor relations, it has the role of providing good training and direction to company members.

Personnel Research

A manager will try to improve the effectiveness of the company's running through an analysis of the problems of individual workers.

Employee Relations

A business or company that implements good human resource management can avoid problems related to unions.

Safety and Health

Although the understanding of human resource management leads to the importance of regulating interactions with the workforce, but in its role also must be concerned with employee safety.

Patagonia, Inc. is an American apparel company that markets and sells outerwear. The company was founded by Yvon Chouinard in 1973 and based in Ventura, California. The logo is the outline of Mount Fitz Roy on the border between Chile and Argentina.

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Details

Class: College

Subject: Business

Keywords: HR Management, Patagonia Inc., Companies

________ provides new employees with the basic background information required to perform their jobs satisfactorily.

Answers

Employee orientation gives wide information about the specific job qualities and work structure of that particular job position.This might be useful tool for new employees who join the concern to take up their jobs effectively and efficiently on day to day basis.

For individuals in their golden years who are approaching? retirement, a mix of? ________ percent common stocks and? ________ percent bonds is a relatively common recommendation from financial planners.

Answers

The answer to this question is that a mix of 60 percent of common stocks and 40 percent of bonds is the common recommendation of financial planners.

Those who are approaching retirement and want to invest or save for their retirement a mix of stocks, bonds, and amounts of savings will do in order for them to achieve their goal in having a retirement fund. Mixing in this kind of fund is also known as asset allocation. Asset allocation is a strategy in investing where in the investor balances the risks and reward by focusing on the investment goal of the person / investor.  

What are the pros and cons of the current highway funding structure as related the taxes paid by motor carriers?

Answers

Below are the pros and cons of the current highway funding structure as related to taxes paid by motor carriers:


Cons:

1. There is solid restriction to fuel charges increase. 
2. The present government transportation financing structure depends essentially on tax collection of oil driven vehicles; this, nonetheless, is not reasonable in the long haul because of the real worry on environmental change. 
2. The clients of the current aberrant client charge framework which depends on tax assessment of the devoured fuel are uninformed of the sum they pay as fuel charges. 

Pros
1. Engine fuel charges yield heaps of income with less effect on the fuel costs. 
2. The financing structure of expressways has added to the monetary development and thriving of the na±on, this will con±nue into the future if the assets are well spent. 
3. Expanded engine fuel charges will urge the clients to moderate the earth and lessen clog.

Final answer:

The current highway funding structure for motor carriers has pros like stable funding and allocation based on usage, but also cons like administrative burdens, inefficiency, and potential revenue shortfalls.

Explanation:

The current highway funding structure as related to the taxes paid by motor carriers has both pros and cons.

Pros:

Stable funding: The taxes collected from motor carriers provide a stable source of revenue for highway construction and maintenance.

Allocation based on usage: The taxes paid by motor carriers are often proportional to the amount of wear and tear they cause on the highways, ensuring a fair distribution of funding.

Cons:

Administrative burden: Collecting taxes from motor carriers can be costly and time-consuming due to the need for enforcement and compliance measures.

Inefficiency: Some taxes, like toll road tax, are less efficient since they require additional infrastructure and can cause traffic congestion.

Insufficient revenue: The current funding structure may not always generate enough revenue to meet the needs of highway construction and maintenance, leading to potential budget shortfalls.

Ceilidh's team members feel attracted to the team and motivated to remain part of it. ceilidh's team can be characterized as ____.

Answers

The statement above could be described as team cohesiveness. This enables a group or team to be able to interact to one another and in a way that they will find it interesting and to be attracted to it. Having this though could make their group or team to have unity or collaboration to each other in a way of having felt the sense of belonging which we could see above.

Your local chain grocery store has out of season produce. what is the best way to foster sustainable agriculture in your own community? question 7 options:

Answers

There are a lot of ways to foster sustainable agriculture in your own community and these are:

- Support Community Supported Agriculture (CSA’s) groups

- Eat plant-based foods

- Become aware of food and nutrition policies at the federal, state and local levels

- Support local farms

 

If someone has no way to make money but to sell his own labor, then he must be a member of what social group?

Answers

If someone has no way to make money but to sell his own labor, he must be a member of: the proletariat
The proletariat is the group within a capitalist society that contribute the most labors and do not possess any significant things other than those labors. Even though they're the backbone of every capitalist society, they tend to be placed on lower economic bracket

A governor decides that he or she wants to explore a run for president. after six months, the prospective candidate cannot seem to generate any widespread interest or raise funds so he or she drops out of consideration for the presidential election. this scenario is an example of which stage of the presidential processes?

Answers

The answer to this question is Prenomination stage of Presidential process.

Prenomination is the first stage in the process of electing a President. Prenomination is a stage where the parties choose which candidate shall represent to run for Presidency. In order to run for Presidency the following are the criteria to run as President; must be a natural born citizen of the United States, at least 35 years old, and have at least 14 years or being a resident of the United Stated of America.

______ is a situation in which the economy produces more goods and services than it did the year before.

A. Economic Productivity
B. Economic Growth
C. Recession
D. Trough


Answers

I would go with b but I'm not sure

Answer: B

Explanation: B) Economic growth is when the economy produces more goods and services than it did the year before. Economic growth is typically measured in terms of the gross domestic product (GDP), the total value of all goods and services produced in a country in a given year. Economic growth can be driven by increased investment, productivity gains, technological advancements, and increased consumer spending. While economic growth can provide benefits such as increased employment, higher incomes, and improved standard of living, it can also have negative consequences such as increased inequality, environmental degradation, and resource depletion if it is not sustainable and well-managed.

Assume initially the economy is at full employment. if aggregate demand increases, the aggregate price level and costs will ______, and ultimately, the short run aggregate supply curve shifts to the _______.

Answers

If aggregate demand increases, the aggregate price level and costs will INCREASE OR RISE, and ultimately, the short run aggregate supply curve shift to the LEFT. The aggregate price level increases because demand increases and the supply curve shift to the left because supply will decrease.

Janet works as a senior software developer in a multinational it firm. she prefers to work as an individual contributor and volunteers to work on challenging projects. the firm encourages janet and other people like her by assigning them to projects that require a great deal of innovation. the firm motivates janet by appealing to her need for __________.​

Answers

The firm motivates Janet by appealing to her need for achievement as she is a type of individual who always volunteers on projects that are challenging of which she has a sense of determination in tackling things like this which will make her even more motivated if she has achieved and finished the work to be done.

Jeb separated people who wanted aâ high-quality car from people who wanted aâ low-priced car, then saw whether different characteristics were associated with eachâ consumer-response segment. jeb was defining segments usingâ ______________________ considerations.

Answers

Jeb was defining segments using DEMOGRAPHIC considerations.

There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral

Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.

People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license. 



Test and evaluation (t&e) is important to decision makers because it:

Answers

In decision making, you weigh out the options based on their pros and cons. Theorizing the possible consequences is one thing. But it is best to test these options. For example, when businesses innovate new products, they do testing by providing free food samples to the consumers. In return, they ask for their honest feedbacks. These feedbacks are then evaluated by the team. If they think that the new product has a potential to increase their profit, then they would officially launch it. If not, they would move on to the next option and test it again.

In wayne dennis's study of infants in iranian orphanages, only 15 percent of the orphans were walking alone by 3 to 4 years of age because

Answers

The answer to the question above is this: they spent their days lying on their backs in cribs. Wayne Dennis has studied infants in Iranian orphanages. The infants in these orphanages were more on left lying on their backs on their cribs and this results in the delay of their physical development such as walking and other physical activities. This made the children in the orphanages walk at the age of 3 to 4 instead of 1 year old or earlier.

In one of the case studies in the textbook, bill gurado was a branch manager for a consumer-loan finance company in new orleans who decided to help himself to the daily deposits. instead of depositing the money into the company's bank

Answers

You didn't finish your question, so I cannot know for sure. However, I did manage to find two such questions online - one is asking 1. How was the case settled? and the other one 2. How was Gurado's fraud discovered? Depending on which one is your question, here are the answers:
1. Gurado was terminated and he immediately paid back the money.
2. He suspected he was on the verge of being caught, called the company's president, and confessed that he had taken the money.


As the name monopolistic competition implies, a firm’s decisions in this setting will in certain ways resemble ______________ and in other ways resemble________________ .

Answers

The answer to this first unknown in the problem is "MONOPOLY" while in the second unknown in the problem is "PERFECT COMPETITION". Hence, we could say that as the name monopolistic competition implies, a specific firm's decision of judgments in the setting will in certain ways resemble a MONOPOLY and in other ways, it also resembles PERFECT COMPETITION between companies and businesses. 

Midland school district needs $56,483. the taxing authority has determined that the total assessed value of all the real estate in the district is $8,825,470. find the property tax rate to the nearest hundredth of a percent.

Answers

Midland school district needs $56,483. the taxing authority has determined that the total assessed value of all the real estate in the district is $8,825,470. find the property tax rate to the nearest hundredth of a percent.

0.64%

Executives at mary kay cosmetics' european operations are conducting a study analyzing why households have stopped purchasing certain products. these executives are engaging in

Answers

The executives are engaging in MARKET RESEARCH. Market research refers to the action of gathering appropriate information about consumers needs and preferences. Market research enables a company to pinpoint its target market and to gather the opinions of consumers concerned its products. 
Final answer:

The executives are conducting market research to understand why households have stopped buying certain products.

Explanation:

The executives at Mary Kay Cosmetics' European operations are engaging in market research in order to understand why households have stopped purchasing certain products. This analysis is a part of their effort to identify the reasons behind the decline in sales. By conducting this study, they can gather data and insights to make informed decisions and develop strategies to address the issue.

A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,000. the company should recognize a:

Answers

what is the question?

Answer:$0 gain or loss

Explanation:

Describe the key inputs used when developing a short-term investment policy

Answers

A short term investment policy involves the investment of short term operating funds. Companies operate short term investments in order to generate income and to reserve liquidity. The inputs used when developing a short term investment policy include: financial position, risk assessment, yield targets assessment, liquidity assessment and cash flow forecast. 

Suppose that hca and tenet were to merge. ignoring potential antitrust problems, this merger would be classified as a:

Answers

The appropriate response is a Horizontal merger. An even merger is a merger or business union that happens between firms that work in a similar space, as rivalry has a tendency to be higher and the cooperative energies and potential picks up in piece of the pie are considerably more prominent for consolidating firms in such an industry.

A positive economic profit signals that the investors of a firm should divert their funds to alternative ventures.
a. True
b. False

Answers

The correct answer is B. false.
If something is good, then there is no need to change it if there are no problems at all. If this company is making a profit because of a venture they invested in, then why would they seek alternative ventures and risk losing the profit they gained.

List the reasons that good candidates for corporate board positions are hard to find.

Answers

Good candidates for corporate board positions may be hard to find because of the qualities they need to display. They probably should have a good track record with previous experience on such a board. Their record should include how they showed that they could manage money to say keep a company afloat in tough economic times and how they were able to help a company to make steady profits but also how they were ethical in their business dealings and ensured the safety and health of their employees. 

Portside watercraft uses a job order costing system. during one month portside purchased $153,000 of raw materials on credit; issued materials to production of $164,000 of which $24,000 were indirect. portside incurred a factory payroll of $95,000, paid in cash, of which $25,000 was indirect labor. portside uses a predetermined overhead rate of 170% of direct labor cost. the journal entry to record the issuance of materials to production is: debit raw materials inventory $153,000; credit accounts payable $153,000. debit raw materials inventory $195,000; credit work in process inventory $195,000. debit work in process inventory $140,000; debit factory overhead $24,000; credit raw materials inventory $164,000. debit finished goods inventory $140,000; credit raw materials inventory $140,000. debit work in process inventory $140,000; debit raw materials inventory $24,000; credit materials inventory $164,000.

Answers

The answer is

debit work in process inventory $140,000; debit factory overhead $24,000; credit raw materials inventory $164,000

What is the current yield for a $1,000 corporate bond that pays 7.5 percent and has a current market value of $950?

Answers

The yield for a $1000 corporate bond that has a present market value of $950 at 7.5 % would be $950 x 0.075= $71.25 or its' total value would become $1021.25 as it would have to be based on the present market value.

Describe the critical characteristics of information. how are they used in the study of computer security?

Answers

The critical characteristics of information in computer security include confidentiality, integrity, and availability, which guide the protection of data. These principles are upheld with technical, policy-based, and procedural methods to defend against cybersecurity threats and ensure the resilience of information systems.

In the realm of computer security, understanding the critical characteristics of information is essential. These characteristics include confidentiality, integrity, and availability, often referred to as the CIA triad. Confidentiality ensures that sensitive information is accessed only by authorized users. Integrity guarantees that the data remains accurate and unaltered during transfer or storage. Availability ensures that information is accessible to authorized individuals when needed. Computer security professionals use these principles to create systems that protect against unauthorized access, alteration, and disruptions, therefore ensuring that the security of an information system is preserved.

Ensuring Confidentiality, Integrity, and Availability

Confidentiality: Protecting information by granting access only to those who are authorized.

Integrity: Keeping data consistent and accurate by allowing only authorized alterations.

Availability: Ensuring that systems and data are available to users when required.

In the study of computer security, these qualities are upheld through a combination of technical measures, policies, and protocols that aim at protecting against cybersecurity threats such as network breaches, malware, and cyber-attacks. This involves regular system upgrades, monitoring for vulnerabilities, especially zero-day attacks, and implementing multiple layers of defense in depth strategies.

Professionals in this field also rely on various tools and techniques to verify information security and employ critical thinking to evaluate evidence of potential threats. Adhering to established security standards is crucial in maintaining the robustness of organizational information systems, which consist of hardware, software, and human elements, all potentially vulnerable to cyber risks.

The famous ebbinghaus forgetting curve indicates that how well we remember information depends on

Answers

The famous Ebbinghaus forgetting curve indicates that how well we remember information depends on how long ago we learned that information.
Final answer:

The Ebbinghaus forgetting curve shows that memory retention depends on factors such as retention interval, review, interference, and context.

Explanation:

The famous Ebbinghaus forgetting curve indicates that how well we remember information depends on several factors:

Retention Interval: The length of time between learning and retrieval affects memory. For example, we are more likely to forget information quickly if the retention interval is short. Review: Regularly reviewing information helps reinforce memory. Without review, forgetting can occur. Interference: New information or experiences can interfere with the retrieval of old memories, causing forgetfulness. Context: Memory is often tied to the context in which the information was learned. Changing the context can make it difficult to recall.

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Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franchise agree­ment requires gage to pay certain administrative expenses. their agreement may also require gage to pay a percentage of the franchisor’s?

Answers

The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.

A(n) ____ is a network designed to service an urban area, typically a city or county.

Answers

A metropolitan area network is a network designed to service an urban area, typically a city or county. It is a network that would interconnect the users with resources in a certain area that is larger than the area covered by a LAN and smaller than the WAN. Metropolitan area network are formed  from the connection of multiple local area networks.

An organization's ___________ describes what the organization hopes to become in the future.

Answers

An organization's vision statement describes what the organization hopes to become in the future.
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