Margarita, a single individual, has $2,000 in state taxes withheld from her salary in 2016 . Her total itemized deductions are $7,500 . She claims the $2,000 as an itemized deduction on her 2016 tax return. In 2017, she receives a state income tax refund of $400 . Under the tax benefit rule she has to report income in 2017 of
a. $2,000.
b. $ 400.
c. $ 200.
d. $ -0-.
e. $ -0-, but Margarita must file an amended 2016 tax and reduce her itemized deductions by $400.
b
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Lajita was born in India and is now employed at Indian Oil. She is a(n)
A. repatriate. B. inpatriate. C. expatriate. D. third-country national. E. parent-country national.
Logic teach Inc, a software manufacturing firm, specializes in inventory management and billing software for supermarkets and hotels
The product has a price of $500, acquisition cost of $100, installation cost of $300, and usage and maintenance cost of $300. What is the life-cycle cost of Logic Tech's inventory management software? A) $1,200 B) $300 C) $600 D) $1,000 E) $500
When you evaluate your professional context, you are becoming
a. more audience centered. b. more person centered. c. more self-centered. d. more profession centered.
Native applications are developed by professional programmers only.
Answer the following statement true (T) or false (F)