Answer:
- Income = $10,000
- Adjusted Gross Income (AGI) Deduction = $0
- Claim $10,000 as itemized deduction due to expenses
Explanation:
The activity being a hubby does not exempt it from tax so the $10,000 will be included as income for tax purposes and there will be no deduction for this from the AGI.
She can however, claim her expenses as itemized deductions. There is no tax on interest payment so expenses deducted are:
= 4,000 + 6,500 - 500
= $10,000
As transportation costs fell, it was easier to get to cities and towns in order to sell surplus goods that these farms produced. Even in subsistence farming, a good year is likely to result in a surplus, and monetizing it would produce discretionary income.
Answer: C. must report to the Securities and Exchange Commission (SEC) as a matter of federal law.
Explanation:
The Public Company Accounting Oversight Board (PCAOB) is a non-profit organization that was established after the disastrous accounting scandals of the early 2000s and late 1990s involving companies like WorldCom and Enron.
The purpose of the organization is to ensure that the audits of a public company are done in such a way that audit risk is reduced and the audit report is as accurate as possible. Even though they are a non-profit, the Sarbanes-Oxley Act mandates that they report to the SEC which has oversight over them.
Answer:
The correct answer is strategic business unit multidivisional.
Explanation:
An organizational structure provides a framework for the chains of authority within the company. It also provides a systematic means to carry out the daily operations of the company, as well as a way to deal with the problems, issues and challenges that arise. An organizational chart also clarifies the areas of responsibility assigned to specific departments and directors, thus illustrating how official chains of command work within the organization. A well-conceived organizational chart can help shape the management of the organization, while serving as a visual representation of how departments and people relate to each other within the company.
It will be 4000 cause if u add that together it will give you 4000