Gain deferral is fundamental to the nonrecognition transactions. In which of the following is gain deferral mandatory？I. Involuntary conversion of business real estate.II. Like-kind exchange of（).

A.Only statement I is correct

B.Only statement II is correct

C.Both statements are correct

D.Neither statement is correct

workforce. You have not yet started making real money，and your focus is mainly on studies and having fun. However，it is important for you to manage money now because the mistakes you make in college can follow you throughout the rest of your life. Here are three pieces of advice you may want to hear.

1. Budgeting in College

You should create a budget，now. That doesn’t mean you shouldn’t have fun at all，but plan it in your budget. You do not need to get the latest cell phones，computers and clothes to have a good time. These things can come after you have your first real job. Set limits on all of your spending categories and stick to them，then you will start out on a great path and form. good spending habits.

2. Credit Cards

You do not need a credit card to make it through college. Credit card companies work hard to

get college students to sign up. They want to create customer loyalty. It is also common for students to spend more than they can afford before they really understand all what a credit card means. You should be living on a budget and any money that you put on your credit card should be taken from the budget. This will help you to pay off your card in full each month.

3. Working in College

There are many advantages to working while you are in college. Above all，finding a good college job will make it easier to manage your money. You may also benefit from the employee benefits offered by your company. Then，with a college job，you can gain work experience while at school. It will look great when you begin to apply for jobs. You can choose to only work during the summers so you can focus on studies during the schooldays. You may also take an internship. Your work experience can help you to move from college to work.

6. Why is it important for a student to manage money in college according to the author？

A. Because it is a course.

B. Because the mistakes you make will follow you throughout the rest of your life. C. Because students are poor. 7. How can students create a budget？

A. Set limits on all of your spending categories and stick to them. B. Don’t have any fun.

C. Always buy the latest cell phones and computers.

8. Why do credit card companies try to get college students sign up？

A. To help students buy what they want. B. To stimulate economy. C. To create customer loyalty.

9. What’s the author’s suggestion on credit cards？

A. Never use it. B. Live on a budget.

C. Don’t pay off the card in full each month.

10. Which of the following is NOT the benefit of a college job according to the author？

A. Make it easier to manage money. B. Gain work experience. C. Meet new people.

A.Gain of both frequency diversity and interference diversity

B.Gain of frequency diversity only

C.Gain of interference diversity only

D.Neither gain of frequency diversity nor gain of interference diversity

g of the matter？ (英译汉)

ld it in 2018 for $15,000.Buffey did not deduct any depreciation on the van from 2016 through 2018, although total allowable depreciation on the van would have been $17, 000.What is the amount of Buffey 's recognized gain or loss on the sale of the van？()

A、$10,000 loss

B、$7,000 gain

C、$8,000 gain

D、$15,000 gain

E、$17,000 gain

The teacher’s words helped the students gain () into the problem.

A、ideas

B、views

C、insight

D、understanding

A.because

B.if

C.unless

D.once