After the members of the House of Representatives vote on a bill it is then sent to the Senate for their vote. If the bill passes both houses, it is then sent to the President for his signature to accept the legislation or his veto if he does not approve. Both houses can then overturn the veto by a two-thirds vote. The passage in error above is stating the House gets to send the bill to the President. The correction is that the Senate sends the bill to the President.
The answer is “in the home, commonly at a salon gathering”.
Franz Peter Schubert was known as an Austrian composer. He has composed over
six hundred vocal works that are mainly known as Lieder. He was well-known
during his lifetime of composition. Fran Schubert died before he reached his 32nd
birthday.
Full question:
Indicate whether the following statements are "True" or "False" regarding the concept of gross income.
a. While the Constitution grants Congress the power to tax income, it does not define the term.
b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.
c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).
d. Accounting and tax rules regarding income are the same.
e. The accounting concept of income is founded on the realization principle.
f. Gross income is not limited to cash received.
Answers:
a. True
b. True
c. True
d. False
e. True
f. True
Explanation:
1.The constitution of the United States allows for power to tax income however it doesn't define tax.
2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States
3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred
4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.
5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)
6.Gross income encompasses all(recognizable) earned income for the period(cash or not)
Things that might become possible ethical issues are:
- the confidentiality of someone's personal health information may be compromised due to Security Breach.
- The electronic Health records could provide a lot of inaccuracies because it may not include several data that could only be obtained if it observed by actual medical professional.
