According to the psychographic segmentation of Porsche users, Elitists are American Porsche users who believe that a car, even an expensive one, is not an extension of a person's personality

The ___________________________ is a managerial accounting report showing predicted amounts of sales and expenses for the budget period.

Fill in the blank(s) with the appropriate word(s).

Parents lend $2,000,000 to their child to start a business. The loan is interest-free and is payable on demand. The imputed interest is subject to

A. The gift tax only in the year the parents lend the money. B. The generation-skipping transfer tax, but not the gift tax. C. The gift tax each year the loan is outstanding. D. An excise tax.