During 2014, Thomas Has a Net Section 1231 Gain of $57,000

question 45

Multiple Choice

During 2014, Thomas has a net Section 1231 gain of $57,000. In 2013, Thomas reported a net Section 1231 loss of $60,000. What is the character of the 2014 gain?

• A) $60,000 long-term capital gain.
• B) $60,000 ordinary gain.
• C) $57,000 ordinary gain.
• D) $57,000 long-term capital loss.
• E) $57,000 long-term capital gain.

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Definitions:

Motivate

The process of providing reasons for people to act in a desired manner.

Difficult Goals

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Dual Factor Theory

A need-based theory proposed by Frederick Herzberg, dual factor theory identifies motivators and hygiene factors as two sets of conditions at work that can satisfy needs. Research into this theory, however, has provided little empirical support for its model.

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Job enrichment is a method of job design aimed at increasing employees' satisfaction and performance by adding more meaningful tasks, giving more control over how tasks are accomplished, and encouraging personal growth.