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NEW QUESTION: 1
Carr Corp. declared a 7% stock dividend on its common stock. The dividend:
A. Must be registered with the SEC pursuant to the Securities Act of 1933.
B. Requires a vote of Carr's stockholders.
C. Has no effect on Carr's earnings and profits for federal income tax purposes.
D. Is includable in the gross income of the recipient taxpayers in the year of receipt.
Answer: C
Explanation:
Choice "c" is correct. A stock dividend means that the corporation issues its existing shareholders more
stock. In essence, the corporation is merely diluting the proportional ownership interest of existing shares.
This has no effect on the corporation's earnings and profits for federal income tax purposes. Choice "a" is
incorrect. There is no requirement that stock dividends be registered with the SEC because no "sale" is
involved. Choice "b" is incorrect. The receipt of a stock dividend is not the recognition of income. It merely
divides the stockholders' current ownership interests into more pieces; it does not increase proportional
ownership interest in the corporation. Choice "d" is incorrect. The issuance of dividends, including stock
dividends, is at the directors' discretion; shareholders do not vote on dividends.
NEW QUESTION: 2
A project manager is assigned to a new project. The project management office (PMO) and the project manager agree that this is the right opportunity to include daily standup meetings. The project team has never used such tools, and a few members are challenging the decision.
What should the project manager do in this situation?
A. Update the project schedule to consider a daily standup as part of the project design phase.
B. Request that new team members familiar with iterative approaches be assigned to this project.
C. Define the ground rules, responsibilities, and conflict management strategies.
D. Engage an external vendor to perform the design phase under an iterative approach.
Answer: C
NEW QUESTION: 3
SIMULATION
Project 3 of 7: Service
Overview
You are an administrative assistant for Fabrikam, Inc.'s Field Service division. You are preparing the monthly newsletter to be sent out to field service engineers.
Remember that mileage reimbursement claims must be submitted by the 15th of each month. Save the mileage form as a PDF file and email it to your regional supervisor.
Bonuses are Changing
New Depot Return Process
All offices have received the new tracking form for repair depot returns. Complete the following tasks when returning parts for repair:
Complete all fields in the Field Service section of the form.
Remove the top copy and file it in your office.
Securely attach the form to the part.
Package the part for shipment.
Ship to the home office and clearly label the box "For depot return".
All returns must be shipped to the home office to receive credit. The regional depots will close in two months and will not be accepting return shipments.
Vice President's Corner
NOTE TO SELF: If the VP doesn't provide content by Wednesday, delete this section and put in something generic about customer satisfaction.
Quarterly Results
NOTE TO SELF: This is a placeholder charter. Update the chart after the actual results are available on Monday.
Use the Go To feature to navigate to the Bookmark "OldNews" and delete the paragraph at that location.
Answer:
Explanation:
See the explanation below.
Explanation/Reference:
Explanation:
1. Click Bookmark from the Insert tab.
2. Click Name, to sort the list of bookmarks in the document.
3. Select "OldNews" from the list of bookmarks in the document then click Delete.
4. If a hyperlink has been inserted to the bookmark, right-click on the linked text, then select Remove Hyperlink.
References:
https://support.office.com/en-us/article/Add-or-delete-bookmarks-in-a-Word-document-or-Outlook- message-f68d781f-0150-4583-a90e-a4009d99c2a0