Answer:D. Deductive logic
Explanation:
Deductive reasoning, is based on making a conclusion given one or more statement.
If given all the statements or premises are true then it is easy to draw a conclusion and deductive logic can be applied.
Deductive reasoning is a top down logic kind of reasoning whereas bottom up logic is inductive reasoning this is because when we deduct our reasoning we start from the top of what we are solving until we reach the bottom then we can make a conclusion like when we solve mathematical issues.
Inductive you work with a solution and work your way back on how it was discovered.
The Correct Answer Would Be <u>False</u>!!
Hope this helps
On an involuntary conversion in which the taxpayer does not buy replacement property within the replacement period, the gain on the involuntary conversion and any tax due must be reported in the year the involuntary conversion occurred.
Who are taxpayers?
A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Annual income tax obligations vary for people and businesses.
What is an involuntary conversion?
When your property is lost, taken, condemned, or disposed of under threat of condemnation and you receive other property or cash as payment, such as insurance or a condemnation judgment, this is known as an involuntary conversion. Exchanges that occur unintentionally are also known as forced conversions.
How can a taxpayer defer a gain on an involuntary conversion?
A taxpayer has the choice to choose section 1033 deferral after revealing the gain from an involuntary conversion by including a refund claim on an amended gain-year return. This statement and the actual election are clearly distinguished by the FSA, and as a result, each has a different statute of limitations.
Learn more about involuntary conversion: brainly.com/question/22715288
#SPJ4
Answer:
In a general sense, this is true.
Explanation:
There are other factors that resist acceleration but this is the general idea
