The physical presence test method of qualifying for the foreign-earned income exclusion requires the
A) presence in one foreign country for at least 330 full days during a 12-month period.
B) presence in one or more foreign countries for at least 330 full days during a single tax year.
C) presence in one or more foreign countries for at least 330 full days during a 12-month period.
D) presence in one or more foreign countries for at least 330 consecutive full days during a 12-month period.
C) presence in one or more foreign countries for at least 330 full days during a 12-month period.
You might also like to view...
A coupon placed on a package to be used during the purchase is called a(n):
A) free-standing coupon B) bounce-back coupon C) instant-redemption coupon D) rebate coupon
For which of the following transactions would the present value of an annuity due concept be most appropriate for calculating the present value of the asset acquired or liability assumed?
A) A rental agreement is entered into with the initial payment due immediately. B) A rental agreement is entered into with the initial payment due one month from the signing of the agreement. C) A note payable is obtained from a bank requiring monthly payments for six years, beginning at the end of the current month. D) A machine is acquired by paying $20,000 cash and agreeing to pay equal annual amounts of $10,000 each at the end of the next three years.
The most common access point for perpetrating computer fraud is at the data collection stage
Indicate whether the statement is true or false
During the _____ phase of culture shock, expatriates may be frustrated constantly with how different things are in the new country.
A. honeymoon B. adaptation C. culture shock D. depression or hostility E. exploration