The aim of the World Bank is to promote world economic growth through financial stability .Option C. This is further explained below.
<h3>What is World Bank?</h3>
Generally, The World Bank is an international institution for the promotion of economic growth that is owned by 187 different nations. It is the responsibility of this organization to alleviate poverty across the world by providing financial assistance, in the form of loans, to the governments of those its member states who are economically weaker so that those states may raise the quality of life of their populations.
In conclusion, The goal of the World Bank is to provide the financial stability necessary for the expansion of the global economy. alternative C
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Explanation:
The two journal entries to record the depreciation is shown below:
On December 31
Depreciation expense - office equipment $2,440
To Accumulated depreciation - office equipment $2,440
(Being the depreciation expense is recorded)
On December 31
Depreciation expense - production equipment $6,230
To Accumulated depreciation - production equipment $6,230
(Being the depreciation expense is recorded)
Answer:
A) Part-time members must sever employment relationships with former employers
D) IASB shall comprise 16 members, and up to 3 of those members may be part-time
Explanation:
Since December 1, 2016, the International Accounting Standards Board (IASB) has 14 board members (reduced from 16 by the 2015 constitution review). All of the 14 members are full time members, there are no more part time members. Each member is appointment for a 5 year initial term that can be renewed for either a 3 or 5 year second term. But no member can serve for more than 10 years.
Answer:
A. To qualify for exclusion during this transaction, you must have owned and occupied for two of the five prior years ⇒<u> Sale of a home.</u>
B. This term essentially includes all income subject to federal tax ⇒ <u>Gross Income</u>.
C. Using taxable income, it is based on tax tables or tax rate schedules ⇒ <u>Tax liability.</u>
D. This term includes expenses that can only offset portfolio income. ⇒ <u>Investment expenses. </u>
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E. This is used to offset passive income Investment expenses. ⇒ <u>Real estate or limited partnership expenses. </u>
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F. This term includes income from self-employment ⇒<u> Active Income. </u>
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G. This item is taxed at different rates depending on the holding period ⇒ <u>Capital gains. </u>
H. This is used to determine tax liability ⇒<u> Taxable income</u>.
I. This term includes income gained from real estate and limited partnerships. ⇒ <u>Passive income. </u>
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J. This term refers to earnings and capital gains generated from investment holdings. ⇒ <u>Portfolio income. </u>
M1: 4750
2500 billion in the economy