Answer:
The correct answer is : Fairness bias
Explanation:
This happens when an impartial and just treatment is presented. A behavior without favoritism or discrimination can be shown. This treatment has to be reasonable and in accordance with social and cultural accepted rules or principles. A fair-minded person employs and shows clear and sensible thinking about the situation.
Full question:
Indicate whether the following statements are "True" or "False" regarding the concept of gross income.
a. While the Constitution grants Congress the power to tax income, it does not define the term.
b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.
c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).
d. Accounting and tax rules regarding income are the same.
e. The accounting concept of income is founded on the realization principle.
f. Gross income is not limited to cash received.
Answers:
a. True
b. True
c. True
d. False
e. True
f. True
Explanation:
1.The constitution of the United States allows for power to tax income however it doesn't define tax.
2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States
3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred
4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.
5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)
6.Gross income encompasses all(recognizable) earned income for the period(cash or not)
Answer:
One similarity from ancient Rome and our government is the Senate. For example a senator is a person from the government in Rome that is also in the modern government. Our Senators for the state of California are Barbara Boxer and Dianne Feinstein. A senator in the United States acts as a representative in Congress.
Explanation:
hope this helps
All of the above can e reasons to revoke a driver's license.
