Complete Question:
A sole proprietor with a tentative loss may deduct which of the following for qualified business use of home expenses?
a. depreciation
b. mortgage interest
c. rent
d. Utilities
Answer:
b. mortgage interest
Explanation:
The sole proprietor with a tentative loss may deduct expenses for mortgage interest, mortgage insurance premiums, and real estate taxes under the normal rules. The sole proprietor is not allowed to deduct other expenses that are normally tax-exempt expenses, including depreciation, rent, and utilities. The amount to be deducted for mortgage interest should not exceed the percentage for business use.
The best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.
Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.
<h3>Who is an out-group member?</h3>
An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.
An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.
<h3>Answer Options:</h3>
A- She should talk to the employee to understand their perspective.
B- She should redistribute the company policy describing inclusion expectations.
C- No action is required; she is already acting ethically.
D- She should start documenting her efforts at inclusion.
Thus, the best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.
Learn more about out-group members at brainly.com/question/7548841
Answer:
Expenses, Losses, Income and Gains are associated with nominal accounts.
Answer: 0.000903
Explanation:
Expected return is the sum of the probability that the other returns will happen.
= (13% * 83%) + (5% * 17%)
= 10.79 % + 0.85%
= 11.64%
Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)
Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)
= 0.0001535168 + 0.0007495232
= 0.000903
