In Excel, the Expression LN(RAND())*(-M) Would Generate A(n) __________ Random

question 3

Multiple Choice

In Excel, the expression LN(RAND() ) *(-m) would generate a(n) __________ random variable with mean m.

• A)lognormal
• B)logarithmic
• C)normal
• D)exponential

Grasp the tax treatment of partnership income, including ordinary income, guaranteed payments, and special allocations.

Recognize the impact of asset contribution to a partnership on partners' basis and partnership's basis.

Identify separately stated items and understand their reporting on partners' tax returns.

Understand the taxation and basis implications of selling a partnership interest.

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