Select the correct answer. The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will the Smiths
receive any financial benefit for the taxable year?
A. they will not receive any financial benefit for adopting the child
B. their income tax component will decrease
c. they will receive childcare grants
D. they will receive a tax credit for the cost borne for adopting the child
E. they will receive several tax deductions

Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.