Answer:
Option A is correct which states that".There is no such thing, in IASB standards, as a "contingent asset"
An object of interest to the end user is <u>entity</u>.
<u>Explanation:</u>
An entity is a real world object or thing that has an independent existence. Entity is distinguishable from the other objects. The attributes of an entity are the properties of the entity which make the entity distinguishable from the other objects.
The examples of entity are a car, a book or any other product. A set of an entity is known as the entity set. Entity may be an object with physical existence or it may be with a conceptual existence.
Answer:
Minimize
Explanation:
With proper planning, you can minimize your tax liability which means owe less taxes at the end of the year if you are smart about what purchases you make and when you make it and such which falls under proper finanicial planning.
The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
Answer:bbbb
$2,600
Explanation:
$2,200 withheld from her wages for state income taxes during 2018 + The $400 she paid as an additional taxes for her 2017 state tax return.
$2,200 + $400 =$ 2,600
