Strict, which is the highest level of scrutiny is the level of scrutiny affirmation action policies must meet.
There are 3 levels of scrutiny:
1) Strict (highest level)
2) Intermediate (a little less demanding)
3) Rational Basis Review (lowest level)
Answer:
Income Statement is attached in the pictures.
Explanation:
Answer:
Richard can deduct $1600 as real property tax during the current year.Only the tax amount paid by the mortgage company from the escrow account to taxing authority can be claimed as deduction.
The statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.
<h3>What is budget deficit?</h3>
Budget deficit tend to occur when the expenses or expenditure is higher then the revenue.
Cutting down expenses from the budget is most desirable if we want to have budget surplus. Budget surplus is when revenue is higher than expenditure.
Therefore the statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.
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