Which of the following is an example of a global market strategy?

Interest expense is shown on the income statement as a non operating activity; however cash outflow for interest payments is shown as an operating activity on the statement of cash flows.

Indicate whether the statement is true or false.

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: Miscellaneous acquisition expenses; B: Real estate brokerage commission; C: Cost of improvements; D: Mortgage payments.