Answer: making economic, social, and political decisions and also
assessing whether current-year citizens received services but if part of the payment burden was shifted part to future-year citizens.
Explanation:
Government Financial reporting should assist in fulfilling the government's duty of being publicly accountable. When there's a report of government's finances, citizens will be able to see the way money are spent and received in the country.
It also helps in the provision of information in order to help users assess the service efforts and make political, economic, and social decisions.
<u>Eminent domain</u><u> is the </u><u>governments</u><u>' power to take private land for public use.</u>
Which of the following is an involuntary alienation of property?
- Involuntary Alienation. Involuntary alienation is the transfer of real estate by law and without the owner's consent.
- There are 4 methods by which this is accomplished: foreclosure, eminent domain, adverse possession, and by escheat.
Which of the following is an involuntary alienation of property?
A grantor does not wish to be responsible for defects in the title that arise from previous owners but will guarantee the title for the time the grantor has the ownership.
What is involuntary alienation ?
Involuntary Alienation. Involuntary alienation is the transfer of ownership without consent and control of the owner.
Learn more about Involuntary Alienation
brainly.com/question/14675036
#SPJ4
Answer: $28,000
Explanation:
Jonathan can deduct both the real estate taxes and the state income taxes but the Tax Cuts and Jobs Act cut the deduction one can claim on State and Local taxes to $10,000 from 2018 to 2025.
The total deduction Jonathan can claim is therefore:
= Real estate taxes + Capped state income tax
= 18,000 + 10,000
= $28,000