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Ainat [17]
3 years ago
9

Which of the following options correctly completes the sentence?

Business
1 answer:
Komok [63]3 years ago
4 0

Answer:

The correct answer is letter "D": For prior years were received in the current years.

Explanation:

The Social Security lump-sum election refers to a payment made in the current year based on similar payments sent on previous years. That payment could be subject to taxes. The <em>Average Gross Income</em> (AGI) of the taxpayer will determine if the lump-sum is taxable or not.

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What is Trade discount?

Trade discounts, also known as functional discounts, are payments made to distribution channel participants in exchange for completing a task. Storage and shelf stocking are two examples of these tasks. Trade discounts are sometimes bundled to cover a variety of services. For instance, 20/12/5 may stand for 20% off for storing the merchandise, 12% more off for shipping, and 5% more off for keeping the shelves filled.

Terms 2/10, n/30 state that payments must be made within 10 days of the date of purchase to receive a 2% discount, and payments must be made in full within 30 days to avoid a discount.

To learn more about Trade discount click the given link

brainly.com/question/3967119

#SPJ4

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