All of the following statements about affirmative action are true except:

A) affirmative action has led to increased representation of women in the workplace.
B) affirmative action has increased the self-esteem of racial minorities.
C) affirmative action programs are largely unsupported by the public.
D) affirmative action programs specify that only qualified minorities be hired.

C

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________ are categorized as either current assets or long-term assets on the balance sheet, depending on the maturity date

A) Equity investments B) Matured investments C) Trading investments D) Held-to-maturity investments

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Jim Planter, who reached age 65 on January 1, 2016, filed a joint return for 2016 with his wife, Rita, who is 50 years old and legally blind. Mary, their 21-year-old daughter, was a full-time student at a college until her graduation on June 2, 2016. The daughter had $6,650 of income and provided 25% of her own support during 2016. In addition, during 2016, the Planters were the sole support for Rita's niece, who had no income. How many exemptions should the Planters claim on their 2016 tax return?

a. 5 b. 2 c. 4 d. 3

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