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n200080 [17]
3 years ago
10

Lisa is a full-time undergraduate student who wants to claim AOC. She brings in her school billing statement, as well as receipt

s for books she purchased for her college courses. Lisa informs her Tax Professional that she did not receive a Form 1098-T. The Tax Professional should do all of the following to meet the due diligence recordkeeping requirement. a. Require Lisa to obtain a Form 1098-T before she can claim AOTC. Then make a photocopy of the Form 1098- to include in the H&R Block client file. b. Determine if Lisa's college is an eligible educational institution and document tie conversation about verifying Lisa's college attendance during the year. c. Take a photocopy of Lisa's billing statement and book recebts to keep in H&R Block dient file. as well as document the questions asked and answers provided to determine Lisa's AOTC eligibility. d. Both B and C are
Business
1 answer:
Romashka [77]3 years ago
7 0

Answer:

Option D

Explanation:

Option D are all the requirements needed for to process the eligibility of Lisa for aoc and applying for aoc.

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The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variab
Solnce55 [7]

Answer:

Month. Machine Hours. Total costs

January. 1,800 $21,500

February. 2,900 $23,200

March. 1,000. $19,750

April. 2,400. $21,000

May. 3,400. $23,900

High-Low method = 23, 900 + 21,000

= 44,900

5 0
3 years ago
Roche Biotech provides company cars for its salespeople that cost an average of $25,000. Using the class recovery system of five
Len [333]

Answer:

$8,000

Explanation:

Data provided in the question:

Average cost of car = $25,000

Now,

Using the class recovery system of five years,

The rate of depreciation expense in year 2 of the MACRS is 32%

Therefore,

The depreciation expense in the year 2 will be

= Average cost of car × Rate of depreciation

= $25,000 × 32%

or

The depreciation expense in the year 2 = $8,000

7 0
2 years ago
Servant-leaders create and sustain an organization's customer focus by employing which of the following attributes?
Akimi4 [234]

Answer:

All of the above

Explanation:

Servant-leadership aims at creating a "servant-hood" attitude in all employees that interact with customers.  An organization has internal and external customers.  A servant -leader understands that customer focus is about ''serving'' others. Everyone in the organization that engages customers must demonstrate "servant-hood. "

Servant-leaders create and sustain an organization's customer focus by establishing a customer service training program. Training ensures values are respected and observed by all. Training instills the desired behavior and response in employees. Through training, standards are set and maintained.   A servant- leader deploy mechanisms to monitor and evaluate performance. This allows for corrective actions to guarantee quality service.

8 0
3 years ago
Stone Furniture Store has credit sales of $400,000 in 2008 and a debit balance of $600 in the Allowance for Doubtful Accounts at
AlekseyPX

Answer:

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3 0
3 years ago
______________refers to a lack of basic necessities, such as food, shelter, and income.
Ugo [173]

Poverty is defined as a lack of fundamental requirements like food, housing, and income.

  • The inability to meet basic requirements such as bread, clothing, and shelter is defined as poverty. Poverty, on the other hand, is far more than a scarcity of resources. As defined by the World Bank Organization, poverty is "hunger."
  • Poverty is described as a lack of material possessions or a poor income. Poverty has numerous social, economical, and political origins and repercussions.
  • Poverty is linked to negative situations such as bad housing, unemployment, inadequate food and nutritional insecurity, inadequate child care, a lack of access to medical care, hazardous areas, and underresourced schools, all of which harm our country's children.
  • Poverty has been associated with poor health, a lack of knowledge or skills, an unwillingness or desire to work, and impoverishment.

Thus this is the meaning of Poverty.

To learn more about Poverty, refer: brainly.com/question/2625149
#SPJ4

7 0
1 year ago
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