The Royal Motor Company Manufactures Automobiles

question 15

Multiple Choice

The Royal Motor Company manufactures automobiles.Nonmanagement employees of the company can buy a new automobile for Royal's cost plus 2%.The automobiles are sold to dealers at cost plus 20%.Generally, management employees of Local Dealer, Inc., are allowed to buy a new automobile from the company at the dealer's cost.Which of the following statements is correct?

• A)The nonmanagement employees who buy automobiles at a discount are not required to recognize income from the purchase.
• B)None of the employees who take advantage of the fringe benefits described above are required to recognize income.
• C)Employees of Royal are required to recognize as gross income 18% (20% - 2%) of the cost of the automobile purchased.
• D)All of these.
• E)None of these.

Recognize the adaptive advantages conferred by specific cellular features in early eukaryotic evolution.

Explain the mechanisms of endosymbiosis and its role in the evolution of eukaryotic cells.

Understand the ecological roles and impacts of protists in their environments.

Explain the evidence supporting the endosymbiotic theory and the evolutionary origin of mitochondria and chloroplasts.

---

Definitions:

Thoracic Vertebra

One of the twelve vertebrae located in the mid-back section of the spine, which are connected to the rib cage.

Clavicle

A long bone that serves as a strut between the shoulder blade and the sternum or breastbone.

Scapula

A thin, three-sided bone situated in the upper back, often referred to as the shoulder blade.

Frontal Sinus

Air-filled cavities in the skull that are located above the eyes in the frontal bone.