A set of rules for how to do things is called:
A) A policy
B) A procedure
C) A Disaster Plan
D) None of the above
A
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In 2016, Sam received the following corporate distributions: $1,500 dividend on stock held in a public corporation that offers a dividend reinvestment plan that lets him choose to use the dividend to buy (through an agent) more stock in the corporation at a price equal to its fair market value instead of receiving the dividends in cash. Sam chose to take part in the plan. $2,500 dividend on stock held in a public corporation that offers a dividend reinvestment plan that lets him choose to use the dividend to buy (through an agent) more stock in the corporation at a price less than its fair market value. The fair market value of shares Sam purchased through the plan on the dividend payment date in 2016 was $3,000. $2,000 return of capital distribution reported on Form 1099-DIV. Based on
the above information, how much ordinary dividend income must Sam report on his 2016 return? a. $4,500 b. $4,000 c. $6,000 d. $6,500
Prior to establishing a quick response (QR) inventory planning system, suppliers need to rethink their _____
a. credit terms and quantity discount schedule b. quantity discount schedule and minimum order sizes c. purchase prices and minimum order sizes d. credit terms and minimum order sizes