On July 1, 2017, Vega made a transfer by gift in an amount sufficient to require the filing of a gift tax return. Vega was still alive in 2018. If Vega did not request an extension of time for filing the 2017 gift tax return, the due date for filing was

A. March 15, 2018.
B. April 15, 2018.
C. June 15, 2018.
D. June 30, 2018.

Answer: B. April 15, 2018.

Business

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Identify the components of total quality management (TQM):

a. jointly establish SMART goals with employees b. focus on problem solving and performance improvement c. listen to and learn from customers and employees d. use accurate standards to identify and eliminate problems e. get every employee involved f. make continuous improvement a priority

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Which of the following best represents the disadvantages of conducting test markets as discussed by your authors?

A) cost, competitor intervention, and government regulations of test markets B) fallibility of results, cost, exposure of product/service to competition and ethical issues C) cost, delay in getting to the market first, competitive awareness of the product/service D) inability to test marketing mix variables E) disadvantages were not discussed in your book

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