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AysviL [449]
3 years ago
13

You do not need to see proof of cash donations made by taxpayer if you feel that the information is not unusual or questionable.

A. True B. False
Business
1 answer:
Sliva [168]3 years ago
8 0

Answer:

The correct answer is letter "A": True.

Explanation:

The Internal Service Revenue (<em>IRS</em>) offers Volunteer Income Tax Assistance (<em>VITA</em>) for elderly people who do not know how to file taxes on their own. The volunteers follow a series of practices during the interview with the taxpayers to gather their taxable information accurately. The principle of Due Diligence allows volunteers to <em>ask for clarification when the taxpayer information seems unclear or inconsistent</em>. However, if the information is not unusual, there is no need to request proof of it.

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Loss of network audience and the rise of cable have resulted in a new way for affiliates to receive compensation. _____________
murzikaleks [220]

Answer:

The correct answer is letter "C": Reverse compensation.

Explanation:

Reverse compensation is the practice by which television stations pay a television network for its affiliation to the network. This approach performed in the <em>U.S. broadcasting system</em> is called reverse because it aims to compensate networks for the advertising time used by the television stations while their programming is on the air.

5 0
3 years ago
s) A system has four processes and five types of allocatable resources. The current allocation and maximum needs are as follows:
Troyanec [42]

Answer:

The smallest value of x is 5 which leads to a safe state.

Explanation:

Solution

Given that:

Process Available Maximum Request = Max-Available

A         [2 ,1 ,0 ,2, 2] [4, 2,2, 3, 3]          [2,1,2,1,1]

B         [3 ,1, 1, 0 ,2] [3 ,3 ,6 ,1 ,2]          [0,2,5,1,0]

C         [2 ,1 ,0 ,2 ,1 ] [3 ,2 ,3 ,3 ,1]          [1,1,3,1,0]

D         [1, 1, 0, 1, 0 ] [1, 2, 3, 2 ,1 ]          [0,1,3,1,1]

Available = 3,2,x,2,3 ⇒ x has to be determined.

Now

consider x=1 then Available = 3,2,1,2,3

It can't satisfy A,B,C,D since the minimum value of x among those is 2

Consider x=2 then Available = 3,2,2,2,3

It can't satisfy B,C,D since the minimum value of x among those is 3

Thus

consider x=3 then Available = 3,2,3,2,3

It can't satisfy D since the minimum value of x among those is 5

Then

consider x=5 then Available = 3,2,5,2,3

It can satisfy A,B,C,D

Therefore, the minimum value of x is 5. So, that it leads to a safe state.

5 0
3 years ago
A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We
kipiarov [429]

Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

7 0
2 years ago
As the price of jeans rises, Levi Strauss is likely to A. decrease production and thus decrease the supply. B. increase producti
LUCKY_DIMON [66]

Answer:

B. Increase production and thus increase the supply.

Explanation:

As the price of Jeans rises, the Levi Strauss is likely to increase production keeping other factors constant as per the law of supply, where quantity is directly proportional to the price of goods and services. As the price of goods increase, the quantity supply of product also increased by supplier or manufacturer to maximize the profit out of the current market condition.

8 0
3 years ago
During January 2016, Wells Corporation purchased $200,000 of inventory; they paid one-fourth in cash, and signed a note for the
ivanzaharov [21]

Answer:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

Explanation:

Data provided in the question:

Cost of the inventory purchased = $200,000

Amount paid in cash =  one-fourth

= one-fourth of $200,000

= $50,000

For the remaining balance signed a note i.e = $200,000 - $50,000

= $150,000

Now,

This transaction will be recorded as:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

3 0
3 years ago
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