There is a limit on how many colleges you can apply to.
Contains the account of each vendor that make credit sales to the company
Answer:
16. A 17. B
Explanation:
16. A budget for revenue and expenses shows estimated earnings and estimated costs. It is different from a capital expenditure budget, which shows which assets you are going to invest into for the long term.
17. Budgeting should be done prudently. One should understate when it comes to income and overstate when it comes to expenses, so as to not get losses in the future. It is better to make more profit then have more losses in the future
Answer:
<u>C. the advantage is that regardless of the size of the estate it can be transferred tax-free and the disadvantage is that the IRS will find another way to tax the surviving spouse. </u>
<u>Explanation:</u>
Indeed, the unlimited marital deduction provision allows a spouse (either the husband or the wife) to transfer an unrestricted amount of assets (estate assets) to the other spouse at any time regardless of the size of the estate without any tax deduction.
However, even though the IRS is unable to deduct this, it <u>will find another way to tax the surviving spouse </u>because that's their job.
