Answer:
a. CPA exam review course $0
b. Law school expenses $4,000
Explanation:
1a. CPA exam review course will be $0 because the IRS has disallowed any costs that will lead to qualifying for a different trade .
1b. The Law School expenses will be $4,000 . Based on section 222, Samantha is been limited to $4,000 of the tuition paid.
Therefore the balance of $650 is excess tuition $200 + $450 books which will not qualify under the regular education expense deduction due to the negative position of the IRS on law school costs.
The phase that comes after the trough and before the peak is called expansion
Answer: Note receivable collected by bank in favor of the depositor and credited to the account of the depositor
Explanation:
A bank reconciliation is when the records for a cash account of an entity are been matched to the corresponding information that are provided on a bank statement.
When preparing a bank reconciliation which ends with adjusted cash balance, the note receivable collected by bank in favor of the depositor and credited to the account of the depositor must be added to the cash balance per ledger.
Answer:
D. joint tests of market efficiency and the risk-adjustment measure
Explanation:
Semi-strong form efficiency -
In this aspect of the Efficient Market Hypothesis , it assumes that the current price of stock adjust very fast in order to release the new public information .
The one of the major test of the semi - strong efficiency are the ,the risk - adjustment measure and the joint test of the market efficiency .
Answer:
The correct answer is letter "D": sustainability.
Explanation:
Sustainability refers to the ability of businesses to keep their operations up and running over long periods. Firms achieve this with a mixture of flexible and strong strategies that allow them to take advantage of their opportunities and strengths and minimize the impact of the threats and weaknesses inherent.
