All of the following may be added to the original cost basis of real property to arrive at an adjusted basis for federal income tax purposes, except:

A student who has skipped many classes and not studied the course material was surprised to learn there was a test when he showed-up for class. The student's mental uncertainty about whether or not he will pass the test is called

A) objective risk. B) objective probability. C) subjective probability. D) subjective risk.

Which of the following is not true about boundary systems?

A) Ethical behavior on the part of the manager is paramount. B) Occurs when managers overstate their books and understate the income. C) Managers should train employees to act ethically. D) Managers should promptly and severely reprimand unethical conduct. E) Companies emphasize ethical behavior by routinely evaluating employees against a business code of ethics.