Answer:
Answer A
Explanation:
Import: when a country does not produce particular goods by itself, they buy goods from other country, Goods purchased from other country called imported goods
Export: when a country produces more goods than their needs, then these countries sell particular goods to other countries. goods sold to other countries called export goods.
when a goods is called import for a country, the same goods is called export for another country.
<span>#1) Which of the following is not true concerning Income Tax Refunds?
Answer: Out of all the options that are presented above the one that is not true concerning Tax Refunds is that It is advantageous to receive a large sum of money in the form of a refund so that you can use the money to pay down debt.
#2) When claiming dependents, they must meet the following criteria EXCEPT:
Answer: Out of all the options that are available the only one that is not a criteria that they must meet when claiming dependents is that the dependent must reside with you for the entire year.
#3) If you opt to put money in a medical flexible spending account rather than trying to amass enough medical expenses to itemize on your tax return, you are taking advantage of _____.
Answer: Out of all the options that are presented the one that completes the statement and makes it true is an Exclusion.
#4)A form of taxation in which everyone pays an equal rate of taxes is called a _____.
Answer: Out of all the options that are presented the one that completes the statement and makes it true is Flat Tax.
#5) A form of taxation in which the highest income earner pays the largest percentage of taxes is called a _____.
Answer: Out of all the options that are presented the one that completes the statement and makes it true is a progressive tax.
#6) A form of taxation in which the lowest income earners pay the largest percentage of taxes is called a _____.
Answer: The form of taxation that the lowest income earners pay the largest percentage of taxes is called a regressive tax.
#7) Which of the following is not considered part of your gross income?
Answer: Out of all the options that are show the one that is not considered part of your gross income are bartered goods and services.
#8) Which of the following is not true about your adjusted gross income?
</span><span>
Answer</span><span>: Out of all the options that are available the one that is not true about your adjusted gross income is that it is your income plus your deductions.
#9) Which of the following is true about standard deductions?
Answer: Out of all the options that are available the one that is true about standard deductions is that they are tax breaks that you can claim without having to itemize. They reduce your tax bill rather than your taxable income, although you have to itemize in order to take advantage of this.<span>
</span>#10) A dollar–for–dollar reduction in your tax payment is called a _____.
Answer: This is called credit.
P.s: I noted that almost all of the answers are selected with a <3. Almost all of them were the same.
I hope it helps, Regards.
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Answer:
<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>
Explanation:
<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>
Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.
So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.
1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with technological developments in the field. It is called dissolution.
2. Crisis is a multinational conglomerate facing a turbulent environment embarks on a cost-cutting campaign instead of spinning off companies and divisions that are no longer in line with the company’s core competencies.
3. Blinded is a college president doesn’t recognize that the availability of free online education is going to dramatically reduce the number of people who are willing to pay for a college degree.
Explanation:
Dissolution is the final phase of liquidation, the closure of a company, and the transfer of the property and assets of the company. Relationship breakup is the first of two phases of relationship termination.
For example, marriage breakdown. It is the last winding-up process of corporate law.
There are several types of circumstances where disaster conditions can be considered. Which include: social disturbance or interruption of the family, as stated at the outset of the lesson. Natural hazards -floods, tornados, storm events, explosions and other natural phenomena incident.
Answer:
The correct answer is letter "A": Price uncertainty but not execution uncertainty.
Explanation:
When talking about trading orders, a market order is executed whether to buy or sell a security at market price. The market order does not follow the security's price at the bid or ask, it usually follows the last price at which the security was sold. Thus, that <em>price is always uncertain.</em>
The benefit of market order relies on the execution. Traders will not have to wait until another trader is willing to buy or sell at their desired level. The <em>market order will execute the order almost automatically</em> at the price the market has available.
