A corporation ________
A) must use the straight-line depreciation method for tax purposes and double declining depreciation method financial reporting purposes
B) can use straight-line depreciation method for tax purposes and MACRS depreciation method financial reporting purposes
C) can use different depreciation methods for tax and financial reporting purposes
D) must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes
C
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When a real estate licensee negotiates the sale of a mobile home in California, written notice of transfer must be provided to the Department of Housing and Community Development within:
A: 3 calendar days; B: 5 business days; C: 10 business days; D: 10 calendar days.
In ________, the firm bases its price largely on competitor's prices
A) going-rate pricing B) auction-type pricing C) markup pricing D) target-return pricing E) perceived-value pricing