Answer:
<u>b. Sales tax in a state with no income tax</u>
Explanation:
- Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.
- Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.
- The list of expenses can also be itemized by there are limited to the tax year.
Answer:
The correct answer is letter "D": in absorption costing, fixed manufacturing overhead is a product cost.
Explanation:
Absorption costing or full costing includes all costs related to the production process like the fixed costs. Variable costing, on the other hand, only includes the variable costs from the production. Absorption costing incorporates allocating fixed overhead costs of each unit produced during a certain period.
Answer:C.overreliance on volume as a basis for allocating overhead costs where products differ regarding the number of units produced, lot size, or complexity ofproduction.
Answer:
E). Use inexpensive digital marketing tools to inform the community about an upcoming fundraising event.
Explanation:
The 'use of inexpensive digital marketing tools for informing the community regarding the approaching fundraising event' would be the most appropriate and feasible for the non-profit organization as it would be the most reasonable for the firm. A big-budget expense on marketing the event would neither be affordable due to the small budget nor beneficial for such an organization. Thus, using inexpensive digital marketing would publicize the event on an affordable budget and prove helpful in gathering good collections in the event. Hence, <u>option E</u> is the correct answer.
I believe it would require one year in the military.
