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3 years ago

Which factors affect your choice between claiming itemized deductions and the standard deduction?

1 answer:

8 0

The factors which affect one's choice between claiming itemized or standard deductions include the following: home ownership, ease and simplicity of filling the necessary forms, all through the year record keeping in order to accurately document itemized deductions and planned bunching of deductions. Most people itemize the deductions they can claim and if it makes their tax payments less than the standard payment, then they opt for the itemized deduction.

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A regulatory agency that protects workers is

bagirrra123 [75]

Answer:

answer is A

Explanation:

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3 years ago

If your procurement budget request did not provide for buying a whole number of useable end items, this would be a violation of

Valentin [98]

Answer:

Full funding policy.

Explanation:

This would be a violation of Full funding policy.

Full funding strategy is a federal budgeting requirement implemented by Congress in the 1950s on the Department of Defense (DOD) that mandates all acquisition expenses of a weapons or piece of military equipment to be financed in the year the object is procured. Hence in the above example there is violation of Full funding strategy.

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3 years ago

Suppose a consumer purchased a new television for $1000 2 years ago. Today, that person sold it in her garage sale for $200. How

guajiro [1.7K]

It will not affect the current GDP at all. GDP is a measure of all newly produced goods and services during a year, so 2 years ago the TV's full value would have been included in the GDP, but the sale of the TV as a used good later on would not be counted.

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3 years ago

Many hiring managers in information security prefer to recruit a security professional who already has proven hr skills and prof

Paha777 [63]

Information Security Specialists are hard to come by especially the ones with the proven experience and track record. Considering our times where online security is a major threat for governments and organisations, having an experienced individual who can act rather than some one who is inexperienced is of more value, hence there being a huge demand for them.

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3 years ago

Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses ar

weqwewe [10]

Answer:

Results are below.

Explanation:

Giving the following information:

Variable expense= $26,770 ($5,240 increase each quarter)

Fixed expense= $41,680

First, we will calculate the total cost per quarter:

Q1= 26,770 + 41,680

Q1= $68,450

Q2= (26,770 + 5,240) + 41,680

Q2= $73,690

Q3= (32,010 + 5,240) + 41,680

Q3= $78,930

Q4= (37,250 + 5,240) + 41,680

Q4= $84,170

Now, the total cost:

Total annual cost= $305,240

3 0

3 years ago