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vladimir1956 [14]
4 years ago
7

Identify which of the following statements is true. A) Tax planning is an integral part of both closed-fact situations and open-

fact situations. B) The Statements on Standards for Tax Services recommend that only written tax advice be provided to the client in all situations. C) The first step in conducting tax research is to clearly understand the issues involved. D) All of the above are false.
Business
1 answer:
Ymorist [56]4 years ago
6 0

The Statements on Standards for Tax Services recommend that only written tax advice be provided to

the client in all situations.

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Cash equivalents would not include?:
Sladkaya [172]

Answer:

Investments in liquid securities, such as stocks, bonds, and derivatives, are not included in cash and equivalents.

Explanation:

Even though such things may be easily turned into cash typically with a three day settlement period, they are still excluded. The assets are listed as investments on the balance sheet.

4 0
2 years ago
You recently invested $18,000 of your savings in a security issued by a large company. The security agreement pays you 6 percent
Yuri [45]

Answer:

At the end of the three years period, the amount to recieve will be for $7,146.1

Explanation:

18,000 savings at 6% during three years.

we will calcualte the future value of a lump sum:

Principal \: (1+ r)^{time} = Amount

Principal 6,000.00

time 3.00

rate 0.06000

6000 \: (1+ 0.06)^{3} = Amount

Amount 7,146.10

3 0
3 years ago
This chapter states that most economists would probably maintain that new technologies are the single most important source of p
maks197457 [2]

Answer:

the correct answer is c)Poor countries do not benefit from new scientific knowledge to the same degree that rich countries do, since they lack the resources required to apply the knowledge widely in a beneficial way.

Explanation:

although novel technologies enable economies to be more productive and achieve greater potentials, in poorer countries they lack the necessary infrastructure and human resources to harness the full potential of this technologies. Also, the initial costs of applying these technologies is higher as well.

Because of this, these new technologies do not benefit the poor countries much.

4 0
3 years ago
When is owning a car a better option than leasing a car?
earnstyle [38]
You can sell it later. if you lease, you are paying money for someone else's car. say you can buy a car for 20thousand or lease for 1000 per month. after 20months, you would have paid the exact same amount, except if you bought the car, you now have an asset tht can be sold.
6 0
3 years ago
Which type of investment typically charges the investor lowest fees
Norma-Jean [14]
The lowest fees for investors are typically found in a type of passive investing called the Index Fund investing.
4 0
3 years ago
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