Match the Following Items with the Statements That Follow

question 71

Multiple Choice

Match the following items with the statements that follow. Terms may be used more than once.
-Tax avoidance is not enough; transaction must have a corporate economic consequence.

• A)Boot
• B)Business credits
• C)Capital gain
• D)Continuity of business enterprise
• E)Continuity of interest
• F)Dividend
• G)Discount rate
• H)Earnings and profits
• I)Federal long-term tax-exempt rate
• J)Liability assumption
• K)Ordinary gain
• L)Ownership change
• M)Section 382 limitation
• N)Sound business purpose
• O)Step transaction

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Definitions:

Potential Applicants

Individuals who possess the qualifications or interest to apply for a given job but have not yet applied.

Advertisement

A message to promote or sell a product, a service, or an idea.

Recruitment Success

The effectiveness and efficiency of the recruitment process, measured by the quality and fit of the new hires and the time and cost involved.

Realistic Job Preview

A tactic used by employers to give prospective employees a true view of what a job involves, including both positive and negative aspects.