In 1513, while leading an expedition in search of gold, he sighted the Pacific Ocean. Balboa claimed the ocean and all of its shores for Spain, opening the way for later Spanish exploration and conquest along the western coast of South America.
Answer:
Recency effect
Explanation:
Recency effect is the belief that audience's retention of information or ideas or in short-term memory is dependent on the order of presentation. More recently acquired information are easily and well remembered to make judgement or decision than the earlier acquired information.
Full question:
Indicate whether the following statements are "True" or "False" regarding the concept of gross income.
a. While the Constitution grants Congress the power to tax income, it does not define the term.
b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.
c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).
d. Accounting and tax rules regarding income are the same.
e. The accounting concept of income is founded on the realization principle.
f. Gross income is not limited to cash received.
Answers:
a. True
b. True
c. True
d. False
e. True
f. True
Explanation:
1.The constitution of the United States allows for power to tax income however it doesn't define tax.
2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States
3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred
4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.
5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)
6.Gross income encompasses all(recognizable) earned income for the period(cash or not)
Answer:
More accidents occur at intersections than anywhere else. One of the reasons for this is because most of the intersections have stop signs. Because there are more accidents at intersections with stop signs than those with signals or roundabouts, stop signs are not as effective in preventing accidents. This is probably why the number of accidents at Walnut and Birch Streets is so high.
Explanation:
Answer:
The above statement is known as the PREAMBLE of Declaration of Independence
Explanation:
The Declaration of Independence was made on July 4, 1776, when the 13 American colonies decided to break away under British rule.
The Declaration of Independence is divided into three parts which include Preamble, List of Grievances, and Resolution of Independence.
The Preamble, which is sometimes referred to as Introduction, was made to persuade Americans to support the cause of independence even with their lives, if necessary lives, and to unite them towards the accomplishment of better lives and liberation.
