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1 year ago

Who benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax?

1 answer:

3 0

The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is option a: Everyone who must pay state income tax.

<h3 /><h3>What are Income tax in the United States?</h3>

Income taxes in the United States is known to be a kind of a tax that is often imposed by the federal government, as well as a lot of states.

Note that the income taxes are said to be set by applying a tax rate as income increases, and as such,

Therefore, The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is option a: Everyone who must pay state income tax.

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3 years ago

The term "balanced reciprocity" refers to:_______.A. The system of exchange in which items are bought and sold, using money, wit

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D. The system of exchange between people where the giver usually expects something in return.

Explanation:

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Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia

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B) She has to share all of the profits with the partner.

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3 years ago

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A negative net present value indicates that the project’s return is ________.

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A negative net present value indicates that the project’s return is net loss

<h3>What is a net present values?</h3>

A net present values is a total sum of money that is currently available. It may be in terms of assets or revenue generated.

When there is a negative net present value, it means the <u>revenues generated is lower that the cost </u>of a project. This invariably leads to a loss for a particular company.

Hence a negative net present value indicates that the project’s return is net loss

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2 years ago

A _____ is an organizational group responsible for coordinating the project management function throughout an organization. Proj

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Answer:

Project Management Office

Explanation:

Project Management Office ( PMO )-

It refers to the group in the business or any agency , which is responsible for maintaining the standard of the project management in the organisation is referred to as the Project Management Office .

The project management office , is the main source of any documentation regarding the project , all the guidance and information is present with the PMO.

Hence, from the given information of the question,

The correct option is Project Management Office.

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3 years ago