Answer:
A taxpayer may be acceptable to insist on a foreign tax credit on taxes given to a foreign nation on income that holds <u>$3,000</u>.
Explanation:
The foreign tax credit signifies a tax break implemented through specific government to decrease some tax burden of genuine taxpayers. A tax credit is implemented on the price of tax owed by the taxpayer subsequent total reductions are done from his rather her chargeable assets, moreover, it decreases the entire tax invoice of a person dollar to dollar. If a person owes <u>$3,000</u> to the ministry and is acceptable concerning a $1,100 tax credit, man will just have to repay $1,900 subsequent the assets is implemented.
Answer:
True
Explanation:
As at the time factory rent was paid by Pepperdine company, it did notaffect toatal assets as the factory is an asset of he company as it is rented. I also doesn't affect the net income since the rent is going to included in capital for the company.
Cheers.
(B) Transaction Data reflects the consequences of executing process steps.
<h3>
What is transactional data?</h3>
- In the context of data management, transactional data is information recorded from transactions.
- In this sense, a transaction is a series of information exchanges and related activities (such as database updating) that is handled as a unit for the purpose of satisfying a request.
- Transaction Data reflects the outcomes of process steps being carried out.
<h3>
What is Organizational Data?</h3>
- Organizational data describe the fundamental properties of organizations, their internal structures and processes, and their behavior as corporate players in various social and economic environments.
<h3>What is project management?</h3>
- Project management is the process of managing a team's effort to fulfill all project goals within the limits set.
- This data is typically described in project documentation, which is prepared at the start of the development process.
As the definition itself states, Transaction Data reflects the outcomes of process steps being carried out.
Therefore, (B) transaction Data reflects the consequences of executing process steps.
Know more about Transaction Data here:
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Complete question:
____________reflect(s) the consequences of executing process steps. Group of answer choices Material Groups
(A) Organizational Data
(B) Transaction Data
(C) Project Management
(D) None of the above
Answer:
Laser Messenger Service
Income Statement
For the Year Ended April 30, 2019
Revenues:
Expenses:
- Salaries Expense $307,100
- Supplies Expense $3,910
- Rent Expense $87,400
- Utilities Expense $33,400
- Depreciation Expense $11,500
- Miscellaneous Expense $4,600 <u>$447,910</u>
Net income $162,790