Mark and Elias Are Fighting Over Who Can Use the Remote

question 18

Multiple Choice

Mark and Elias are fighting over who can use the remote control that evening as they each want to watch a different program. Frustrated, Mark says "I allowed you to have the TV the last three nights even though there were shows I wanted to watch. If I can have the TV for the next two hours you can have it for the rest of the night. Which word best describes Mark's behavior?

• A) Power
• B) Assertion
• C) Aggression
• D) Consensus

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Definitions:

Attributed Ownership

The assignment of ownership interest in a company or property, often for the purpose of determining control or tax responsibilities.

Intra-Entity Gain

A gain recognized when transactions occur within segments of the same company, not usually recognized for external reporting purposes until realized with an external party.

Annual Amortization Expense

The portion of the cost of an intangible asset that is expensed through an organization's income statement each year over the asset's useful life.

Consolidated Tax Return

A tax return that combines the tax liability of all subsidiary companies with that of a parent company, treating them as one entity for tax purposes.