Answer:
Revision/Review
Explanation:
DRP is a key procedure in every company so the documentation must be reviewed usually and updated accordignly.
Answer:
inward shift in the supply curve.
Explanation:
= I = S + (T-G). shift in the supply curve.
Answer:
The refund claimed should be shown as a benefit due to loss carryback in 2018.
Explanation:
Since Tanner, Inc. incurred a financial and taxable loss for 2018. and decided to use the carryback provisions as it had been profitable up to this year, the amounts related to the carryback should be reported in the 2018 financial statements as a benefit due.
Tax loss carryback is when a corporation <u>retrospectively adjusts its tax returns for prior periods</u> if it incurs a net operating loss (NOL) in current period.
The loss carryback <u>generates a tax refund</u> for the business because it reduces previous year tax liability. After the carried back loss is applied, it will be <u>as though the business overpaid taxes the previous year; which will now be shown as a benefit in the current year</u>
It’s mainly talking about money and workers and how businesses increase the focus on the task soo i think the answer is “The economy”
