In 2017, Blum, who is single, gave an outright gift of $50,000 to a friend, Gould, who needed the money to pay medical expenses. In filing the 2017 gift tax return, Blum was entitled to a maximum exclusion of

Concerning depreciation, which of the following statements is least correct:

A: Depreciation is a loss in value irrespective of cause; B: The difference between the value of improvements and their cost of replacement as of the appraisal date is defined as depreciation; C: Depreciation can be computed for the future or from the past; D: Depreciation results from influences inherent within the property itself and cannot result from factors extraneous to the property.

Which of the following are reference points against which jobs within the company are judged?

A) benchmark jobs B) relevant labor markets C) internal labor markets D) human resource capabilities