What is the current annual gift amount that can be left to an individual donee, without being subject to a federal gift tax?

Which of the following is true about guidance?

A. It is legally binding. B. It is issued exclusively by Congress. C. It is intended to clarify official regulations. D. It does not affect existing rules.

For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer

The movie theater has the following policy. Tickets are sold by the cashier The ticket stubs are collected by the ticket taker. The ticket stubs are stored in a locked box, and the accounting personnel match the number of ticket stubs to the number of tickets sold. What will be an ideal response