The gain or loss on the sale of property held as an investment is recorded on which one of the following forms or schedules?

A) Form 4797 if the sale was from an asset used for investment purposes by a taxpayer who purchased it with company money as a sole proprietor.
B) Schedule D if the sale was an asset used in a trade or business by a sole proprietor.
C) Schedule D if the sale was an asset used for investment purposes by a taxpayer.
D) Form 4797 regardless if the asset was purchased for investment if the taxpayer is a sole proprietor.

Which of the following is not an eco-efficiency measure?

A) energy efficiency
B) fuel efficiency
C) material price efficiency
D) waste efficiency

Fortunately,corporate cultures remain constant throughout the course of a company's existence.

If your taxable income was $40,000 and you paid $3,000 in federal income tax,what was your average tax rate?

The demand for land is:

A) perfectly elastic.
B) perfectly inelastic.
C) upsloping.
D) downsloping.

According to the career stage model, the advancement stage is a period when:

A) individuals strive for job stability rather than upward mobility.
B) individuals begin their career as a newcomer in an organization.
C) many newcomers shy away from responsibility.
D) many individuals strive for achievement.