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tia_tia [17]
4 years ago
14

What is the tax court method of allocating rental property expenses?

Business
1 answer:
Schach [20]4 years ago
5 0
<span>allocation is based on total days owned in the year,
The advantage of the tax court is that it would allow more deduction for maintenance that keep the value of your property.
The irs method on the other hand, would give more benefit because it give you more profit in the perspective of business operation.</span>
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Ruskin has a $150,000 cash balance on both its ledger balance and its available bank balance. Of Ruskin receives a check and dep
Alex Ar [27]

If Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.

<h3>What is the float amount?</h3>

The float amount is the amount that a customer's account reads in the bank at a particular point in time.

The float amount is usually briefly counted twice due to time gaps in registering a deposit and processing the paper checks.

Thus, if Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.

Learn more about the float amount in the bank at brainly.com/question/24161262

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5 0
2 years ago
Organizations can use common core security principles recommended as industry best practices when developing policies, standards
egoroff_w [7]

Answer:

Timeliness principle.

Explanation:

Industry best practices can be used by various organizations as common core security principles to manage and control most, if not all of their assets and resources. These security principles can be adopted during the process of developing organizational policies, standards, baselines, procedures, and guidelines to effectively and efficiently manage the organization.

Timeliness principle can be defined as a principle which states that all stakeholders involved in the securitization of an organization and assets must act in a timely manner for the constant monitoring of the current and future state of the organization's assets, so as to avoid the integrity of its security being breached or compromised.

Hence, the principle which typically specifies that all personnel, assigned agents, and third-party providers should act in a timely manner to prevent and to respond to security breaches is known as the timeliness principle.

4 0
3 years ago
Commercialization of ideas is more difficult than idea creation as suggested by the fact that____________ percent of R&amp;D occ
DerKrebs [107]

Answer:

The right solution will be "80; 50".

Explanation:

The mechanism of designing a new product as well as the manufacturing process through commercial activity-making it commercially viable-is commercialization.

  • This concept seems to be more complicated than developing inventions, as demonstrated repeatedly whereby 80% of R&D happens in large corporations, and fewer than 50% of innovations are created by many of the same businesses.
  • The concept also signifies incorporation into another retail sector in general, but it almost always involves a change from either the research facility to trade.

4 0
3 years ago
Which of the following summarize how the social-cultural-political environment of the United States has encouraged economic grow
iren [92.7K]

Answer:

There are two answers to this::

1. No social or moral taboos on production

2. A competitive market system

8 0
3 years ago
Is it fair to restrict people's ability to work based on their age? Why or why not?
Over [174]
Yes and no it depends on how old they are and if they are old enough of course to work and no because some people need to get payed and if they are to young then their is a problem
3 0
3 years ago
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