The __________ is the tendency to seek confirmation for what is already thought to be true and to neglect opportunities to acknowledge or find disconfirming information.

The basic source of state government's revenue is the property tax.

Mobile devices can help you learn another language or communicate with someone who doesn't speak your language.

The Modified Accelerated Cost Recovery System (MACRS) is often used by companies to calculate depreciation expense for tax purposes. Which of the following is most correct?

A) MACRS allows greater tax deductions related to depreciation earlier in the life of an asset than straight line depreciation does.
B) MACRS uses the half-year convention in calculating depreciation expense.
C) MACRS always depreciates the value of an asset down to zero (as opposed to a salvage value) if the asset is held long enough by the company.
D) Even though depreciation is a non-cash expense, the use of MACRS can improve the profitability of a project as compared to the same project using straight line depreciation.
E) All of the above are correct.

What is true regarding FUTA?

A) It is a payroll tax owed by the business and reported annually on a tax form 940.
B) It is a payroll tax owed by the business and reported quarterly on form 941 and annually on tax form 944.
C) It is a payroll tax owed by the business and reported quarterly on form 940.
D) It is a payroll tax shared by the employer and employee and reported quarterly on form 941 and annually on tax form 944.

Due to increasing globalization, the International Commercial Code is important to contract law.