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)
Answer:
d. instrumental talk; expressive talk
Explanation:
Instrumental talk refers to the type of 'talk' that is aimed to solve a certain problem. Expressive talk on the other hand refers to the type of 'talk' that is aimed to form a close relationship with other people.
Most culture tend to have a certain expectation of people with different genders. Women tend to be expected to play an attentive/caring role such as taking care of children, which is why reseatrchers believe that they are taught to do expressive talk since they're little. Men on the other hands were expected to be in leadership roles, which is why instrumental talk is taught to men since early age.
The right answer is Dr. Kwame Nkrumah.
Answer:
popular because that's what we need right now in are country
The piedmont region of North Carolina is known for having soil that is good for making bricks
