Which of the following statements is NOT true regarding decision trees?
A. Decision trees should only be used for new-product decisions when no uncertainty is present.
B. Decision trees can be used for other management problems besides product design.
C. A decision tree is a great tool for thinking through a problem.
D. Decision trees are particularly helpful when there are a series of decisions and various outcomes that lead to su...
Answer: A. Decision trees should only be used for new-product decisions when no uncertainty is present.
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Calvin and Gloria were divorced in a prior year. As part of the final divorce decree of the court, Calvin was ordered to pay $500 a month toward the support of his two children, Robert and Myra. During 2016, Calvin got 6 months behind in his child support payments. As a result of his delinquency, two things happened in 2016 to allow Calvin to catch up in his payments. Gloria had Calvin's wages garnished for $1,000 to pay 2 delinquent months' child support. Calvin, a cash-basis taxpayer, was due $2,000 for past work he had done for the XYZ Corp. He told the XYZ Corp. to pay the $2,000 directly to Gloria to make up 4 months' child support. The XYZ Corp. paid the money directly to Gloria. Which of the following statements is true?
a. Calvin did not receive any constructive income in 2016 when the $1,000 wages were garnished and the $2,000 income was paid directly to Gloria. b. Calvin constructively received the $1,000 wages but not the $2,000 income in 2016. c. Calvin constructively received both the $1,000 wages and the $2,000 income in 2016. d. Calvin constructively received the $2,000 income but not the $1,000 wages in 2016.
An appraiser is hired to estimate a property's:
A. Listing price. B. Market value. C. Boundary lines. D. Assessed value.