Social considerations can be used to justify:
a. Allowance of a credit for child care expenses.
b. Allowing excess capital losses to be carried over to other years.
c. Allowing accelerated amortization for the cost of installing pollution control facilities.
d. Allowing a Federal income tax deduction for state and local sales taxes.
e. None of these.
a
RATIONALE: Equity considerations justify choices b. and d., and economic considerations justify choice c.
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Craig Company experienced an accounting event that is recorded in the T-accounts as follows:Cash19,000 Notes Payable 20,000 Discount on Notes Payable1,000 How does this event affect the elements of Craig's financial statements? Assets=Liab.+EquityRevenue?Expense=Net Inc.Cash FlowA.+=NA+++?NA=++ OAB.+=++?NA?+=?+ FAC.+=++NANA?NA=NA+ FAD.+=++NANA?NA=NA+ OA
A. Option A B. Option B C. Option C D. Option D
Alex said that he downloaded the form ____ our intranet
A) off B) off of C) from off of D) from
What is the purpose of the solutions section of the business plan?
a. To describe the product and service portfolio b. To describe the staging of that portfolio c. To describe any IP that is in the business d. All of the above
________ are digital-only currencies.
A. E-checks B. Online payments C. Debit cards D. E-wallets E. Cryptocurrencies