Answer:
Maria is considered to be an Dependent.
Explanation:
- An individual who varies depending on someone or something for help, support, favor, etc., a kid, a wife, a family member or some comparative to whom one adds value all or a significant amount of the required financial assistance,called dependent person.
According to TAX rules:
- A dependent is a non-taxpayer or partner which entitles the taxpayer to claim an exemption from dependency.
Answer:
The value of a currency depends on factors that affect the economy such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices
Answer: budgeted overhead costs by an expected standard activity index.
Explanation:
It should be noted that the predetermined overhead rate is typically calculated at the beginning of an accounting period. It is gotten when the estimated manufacturing overhead is divided by estimated activity base.
The standard predetermined overhead rate used in setting the standard overhead cost is determined by dividing budgeted overhead costs by the expected standard activity index. Therefore, the correct option is A.
Answer:
A) $1,000: the constructive receipt doctrine states that if the income is not subject to limitations or restrictions, then it should be taxed as soon as it was available, not necessarily when it was received.
B) $100: he only received $100, this year, the rest was given to him on the following year.
C) $1,000: since Clyde received the mail before the end of the year, the constructive receipt doctrine applies.
D) $0: the constructive receipt doctrine does not apply due to the restriction of the check being postdated.
The best thing that Marla should do in this type of problem is letter d, investigate the market. It is because in doing business especially to the field that she is going to take on, it is best to assess and evaluate the decision and the outcome of it. It is best to make sure if she could benefit from it and could be a potential as she runs the business.
