stage month(s) presidential budget submission budget resolution congressional and presidential approvals which of the following are true of the federal budgetary process? check all that apply. the congressional budget office (cbo) reports its evaluation at budget hearings in both the house of representatives and the senate. the president signs the spending and revenue bills only after congress passes them.
Answers
Here are the true statements of the federal budgetary process:The congressional budget office (CBO) reports its evaluation at budget hearings in both the House of Representatives and the Senate. This statement is true.
The federal budget process is a complex and lengthy procedure that involves many steps, including the presidential budget submission, budget resolution, congressional and presidential approvals, and the appropriation process. The CBO is a nonpartisan agency that provides Congress with objective and impartial analysis of budgetary and economic issues. It plays a critical role in the budget process by assessing the cost and impact of proposed legislation, as well as the economic and budgetary implications of alternative policy options.
The CBO's evaluation is presented at budget hearings in both the House of Representatives and the Senate. The president signs the spending and revenue bills only after Congress passes them. This statement is also true. The president has the power to veto any spending or revenue bill that Congress sends to him, but he cannot sign them into law unless they have been passed by both the House of Representatives and the Senate. Once the president signs a bill, it becomes law and is implemented by the relevant agencies and departments.
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Related Questions
Which is a cause for quality issues in IS implementation?
Answers
The scope of the project increases due to change requests from clients. Option B is correct
This is further explained below.
What is IS implementation?Generally, A strategy, technique, or any concept, idea, model, specification, standard, or policy for carrying out anything is considered to have been implemented when it is put into action or practiced.
Therefore, the activity that must follow any preparatory thought that is done in order for anything to truly happen is known as implementation.
In conclusion, Changes that were requested by customers resulted in an expansion of the project's scope. Alternative C
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Answer:
The scope of the project increases due to change requests from clients.
Explanation:
Advertising revenue was falling off for my college newspaper,the Stetson Reporter, and large numbers of long-term advertisers were not renewing contracts. I designed a new promotional packet to go with the rate sheet and compared the benefits of Reporter circulation with other ad media in the area. I also set-up a special training session for the account executives with a School of Business Administration professor who discussed competitive selling strategies.
Based on the information you learned from the Mock Interview in Blackboard, this passage illustrates all the steps the STAR method.
A. True
B. False
Answers
A. True
The passage clearly describes a situation (S) where advertising revenue was falling off for the Stetson Reporter, and the problem was that long-term advertisers were not renewing contracts. The person then took action (T) by designing a new promotional packet, comparing benefits, and setting up a special training session for the account executives. The result (R) of this action is not explicitly stated in the passage, but it can be assumed that the goal was to increase advertising revenue and retain long-term advertisers. The person also demonstrates their skills and abilities (A) by designing a new promotional packet and arranging a training session with a School of Business Administration professor.
Overall, the passage effectively uses the STAR method to convey the situation, action, and skills involved in addressing the problem of declining advertising revenue. By highlighting specific actions and skills, the person shows their ability to take initiative, think creatively, and collaborate with others to achieve their goals.
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The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee functions. B. Specialized functions and generalized functions. C. Staff functions, line functions, and coordination functions. D. Labor functions, coordinate functions, and general functions.
Answers
Answer:
C. Staff functions, line functions, and coordination functions
Explanation:
Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.
Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.
What do you think Madison needs to include in the fire prevention training plan?
Answers
When gas prices are $2.73 per gallon, the annual supply for gas in New York State is 135 billion gallons and the annual
demand is 141 billion gallons. When the price increases to $3.26 per gallon, the annual supply increases to 147 billion gallons and the
demand decreases to 137 billion gallons.
(a) Assuming that the supply and demand equations are linear, Ofind the supply and demand equations.
Supply Equation p =
Demand Equation p =
Note: The equations should be in the form p = mq + b where p denotes the price (in dollars) and q denotes the quantity (in billions).
The slope and y-intercept should include 3 decimal places, or be left as fractions.
(b) Find the market price and quantity.
market price p =
market quantity q =
Note: The market price and quantity should include 3 decimal places (or left as fractions), and the market price should include a dollar
sign.
Answers
The supply equation is p = 0.044q - 3.21.
How to compute the supply equation?The supply will be:
p = mq + b
2.73 = 135m + b
3.26 = 147m + b
Subtract both equations
12m = 0.53
m = 0.53/12
m = 0.044
We'll substitute it and this will be:
2.73 = 135m + b
2.73 = 135(0.044) + b
2.73 = 5.94 + b
b = -5.94 + 2.73 = -3.21
The supply equation will be
p = mq + b
p = 0.044q - 3.21
The demand equation will be:
2.73 = 141m + b
3.26 = 137m + b
Subtract the equations
4m = -0.53
m = -0.1325
2.73 = 141m + b
2.73 = 141(-0.1325) + b
b = 2.73 + 18.68
b = 21.41
The demand equation will be
p = -0.1325q + 21.41.
The equilibrium condition will be:
0.044q - 3.21 = -0.1325q + 21.41.
0.044q + 0.1325q = 21.41 + 3.21
0.1765q = 24.62
q = 140
Equilibrium quantity = 140
The market price will be:
p = 0.044q - 3.21
p = 0.044(140) - 3.21
p = 2.95
The market price is 2.95.
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Your new health insurance has a $4000 deductible. What does that mean?
Answers
Which types of investments are securities? Debt or equity?
Answers
Answer:
Securities are commonly thought of as tradable financial assets Equity securities common stocks Fixed income investments, including debt securities like bonds notes and money market instruments. Some fixed income investments such as certificates of deposit CDs may not be securities at all
Explanation:
Which method of corporate finance is predominately used by "GROWTH companies"?
A-retained earnings
B-new stock issues
C-borrowing
D-none of these are used by “growth companies"
Answers
Answer:
The method of corporate finance that is predominately used by "GROWTH companies" is B: "new stock issues."
Explanation:
Growth companies are companies that are expanding rapidly and reinvesting their profits back into the business to fuel further growth. As such, they typically need to raise additional capital to support their expansion plans. One way they can do this is by issuing new stock, which allows them to sell ownership stakes in the company to investors in exchange for funding. This can be an attractive option for growth companies because it does not require them to take on debt, which can be costly and risky, and it also does not reduce their retained earnings, which they can continue to reinvest in the business. Retained earnings and borrowing are also commonly used methods of corporate finance, but they may not be as suitable for growth companies depending on their specific circumstances.
one problem with the use of the polygraph to detect lying is that the test
Answers
Answer:
the person may be nervous, causing the test to be invalid
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Answers
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Write in short about medical occupation. Enlist its importance.
Answers
Answer:
Medical Occupations provides an introduction and broad exploration into several careers within the medical field including: Medical Assisting, Emergency Medicine, Veterinary Medicine, Dental Assisting/Hygienist, Geriatric Assistant, Pharmacy Technician, Physical Therapy, Surgical Technician and Nursing.
Explanation:
its importance are: The main focus of occupational health include promotion and maintenance of working capacity and employee health; improvement of working environment; development of work cultures and organizations to support health and safety; promotion of positive social climate and smooth operation; enhanced productivity of the ..
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PLEASE HELP THERE ARE TWO SCENARIOS
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Scenario C
The media report that an “epidemic of the jobless” has emerged. Major corporations and small businesses alike are laying off workers. People are out of work in record numbers and struggling to find jobs. Some admit that they have given up looking. Housing foreclosures are increasing, while banks say they lack the funds to approve new loan applications or to adjust existing loans. Requests for unemployment, housing, and nutrition assistance are at record highs. Charity organizations are not receiving enough donations to meet the growing need in their communities. Credit card companies say the average debt balance is climbing while repayments are falling behind.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
Answers
It is correct to state that the Fed will address the scenario with expansionary policy.
What is an expansionary policy?
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.When money is injected into the economy using tools such as
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
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Answer:
flvs
Explanation:
A
would the red address the scenario with
expansionarv or contractionarv policy? Explain.
The Fed would address this with expansionary.
Which means they would give out more money
What is a specific monetary action the Fed might use
in this scenario? Identity the too and how the red would use it. Explain how this would address the
The action they would use is decrease the reserve requirement. By doing this, banks would be able to give out more money Que to them not needing to
Keen as much monev in reserve
What is a specific fiscal action that Congress might use in this scenario?
Decrease taxes due to schools and labor shortages are happening. Which mean that business and schools wont need to dav as much as taxes
B
Would the red address the scenario with
expansionary or contractionary policy? Explain.
The red would use contractionary due to rising prices and it can slow down
What is a specific monetarv action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the
scenario
They would sell more government securities so that less money would be in circulation and daily operations being tunded
What is a specific fiscal action that Congress might
use in this scenario?
Congress might decrease taxes due to things being expensive and we needing more money to be in
circulation.
C
Would the red address the scenario with expansionary or contractionary policy? Explain.
The Fed would use expansionary policy due to people not having money and needing it.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address
the scenario.
The monetary action is that they would decrease reserve requirement and buy government securities. They would give out more money and create funding programs for those who are unemployed.
What is a specitic fiscal action that congress might use in this scenario?
Decrease taxes so that others can buy food and with the money they have left, they are able to buy their needs
While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?
Answers
The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.
What is a financial goal?A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.
The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.
Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.
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the profit for a production process is equal to $2,000 minus two times the number of units produced. the mean and variance for the number of units produced are 500 and 900, respectively. find the mean and variance of the profits.
Answers
Variance of profit is $3600.
mean variance is $ 360
Let X denote the number of units produce then E(X)=50 abd Var(X)=90
Let Y denote the profit the Y=1000-2*X
So, mean profit =E(Y)=E(1000-2*X)=1000-2*E(X)=1000-2*50=900
Variance of profit =Var(Y)=Var(1000-2*X)=4*Var(X)=4*90=360
Let X denote the number of units produce then E(X)=500 abd Var(X)=900
Let Y denote the profit the Y=2000-2*X
So, mean profit =E(Y)=E(2000-2*X)=2000-2*E(X)=2000-2*500=1000
Variance of profit =Var(Y)=Var(2000-2*X)=4*Var(X)=4*900=3600
Profit variance is the distinction between the real income skilled and the budgeted income degree.
A variance is the distinction between real and budgeted income and expenditure.
To calculate gross earnings variance, you'll subtract your projected gross benefit from your actual gross profit, which equals periodic sales minus costs of goods bought. For working variance, subtract projected working profit from actual running profit, which equals revenue minus all COGS and running prices.
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a financial exchange will need to occur. Evaluate each of the following types of financial exchanges and recommend the best option for the exchange.
(a) Cash
(b) Credit
(c) Debit
(d) Electronic Funds Transfer (EFT)
Answers
Financial exchange can be of different types however the best option for exchange is A. Cash.
What is Credit?Credit is the type of transfer of financial assets, this transfer includes financial institutions in this type the funds are transferred.
Debit
An exchange type is debit which is the transfer of financial liabilities in return of a consideration, One party transfer a good or service and instead of payment the party which transferred goods also transfers some liabilities.
Electronic Funds Transfer (EFT) is the exchange which is completely online and transfer is made through financial institutions, this transfer is quick.
Cash is the most preferred mode of exchange and therefore this is considered as the best option. Cash is paid in hand, it has the lowest risk of false transfer.
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Plz help me What makes a suspension bridge unique? (What does it have?)
Answers
Answer:
Modern suspension bridges are light and aesthetically pleasing and can span longer distances than any other bridge form. They are also among the most expensive bridges to construct. Though suspension bridges can be made strong enough to support freight trains, they have nearly all been designed for automobile traffic.
The main forces in a suspension bridge are tension in the cables and compression in the towers. ... The use of suspension bridges makes longer main spans achievable than with any other types of bridges, and they are practical for spans up to around 2 km or even larger.Suspension bridges get their name from the fact that the roadway is suspended by cables from two tall towers. Most of the weight is supported by the two towers. They, in turn, pass the compression forces from the cables directly into the ground. Suspension bridges also have smaller cables called suspenders.
The towers of most suspension bridges are made of steel, although a few have been built of steel-reinforced concrete.
Pros of a Suspension Bridge
It can span over long distances. Suspension bridges can span anywhere between 2,000 to 13,000 feet, which is farther than any type of bridge can accommodate. ...
It is inexpensive to build. ...
It is easy to maintain. ...
It is incredibly versatile. ...
It is aesthetically pleasing.
I have attached a model for visuals
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Miss Hawaii
COMPARE and contrast the terms scarcity and shortage and provide examples of each.
Answers
Answer:
Scarcity and shortage are not the same things. Shortage conditions exist when the demand of a good at the market price is greater than supply. ... Scarcity is the concept that we have limited resources and cannot meet the unlimited demand - it has nothing to do with a market price.
Which expenditure will be the same whether you lease or buy a new vehicle?
total cost
monthly payments
gas cost
required down payment
Answers
Answer:
Gas Cost
Explanation:
Just took the Exam on Ingenuity
The expenditure that will be the same whether you lease or buy a new vehicle is :
C) Gas Cost
The expenditure that will be the same whether you lease or buy a new vehicle is a Gas Cost.The gas cost cannot be determined by whether the car is bought or leased.Thus, the correct answer is C.
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An investor places $10,000 in a savings account that earns 3% compounded annually. Most nearly, what is the expected value of the investment at the end of 15 years? (A) $15,600 (B) $16,000 (C) $19,600 (D) $31,000
Answers
The expected value of the investment at the end of 15 years is most nearly $19,600.
The correct answer is (C)$19,600.
To calculate the expected value of the investment, we can use the formula for compound interest: A = P(1 + r/n)\(^(nt)\), where A is the future value, P is the principal amount, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years.
In this case, the principal amount is $10,000, the annual interest rate is 3% (or 0.03 as a decimal), and the interest is compounded annually (n = 1). Plugging these values into the formula, we get:
A = 10,000(1 + 0.03/1)^(1*15)
= 10,000(1.03)^15
≈ $19,600
Therefore, the expected value of the investment at the end of 15 years is most nearly $19,600.
The correct answer is (C)$19,600.
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Accounting information systems: Multiple Choice require a CITP designation to understand. report only financially related information. are always computerized. are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Answers
Answer: Are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Explanation:
Accounting information systems are very useful because they combine accounting records with processes thereby coming up with reports on transactions that provide relevant stakeholders with both financial and non-financial information needed for decision making and control.
Accounting systems do not require a Certified International Trade Professional (CITP) designation to understand neither does it report only financially related information nor is it always computerized.
AP Refer to the information in P11.5. After Porcha Industries finishes machining the component parts for its light fixtures, the parts move into the assembly process, where more DM resources are added. This combination of previously machined parts and new assembly DM resources are then transformed into a finished chandelier. In the assembly department, conversion costs are added evenly throughout the process, as are the new DM resources-as the units move along the assembly line, more parts are added to each unit. The following select detail is associated with Porcha's May activity in the assembly process. Required (Round rates to four decimal places if necessary.) a. Determine the total cost of units completed and the cost of units in ending WIP InventoryAssembly in May by completing Steps 1-5 of the template, assuming Porcha Industries uses the FIFO method of process costing. b. Determine the total cost of units completed and the cost of units in ending WIP InventoryAssembly in May by completing Steps 1-5 of the template, assuming Porcha Industries uses the weighted-average method of process costing. c. Record the journal entry to account for the transfer of units completed out of the WIP Inventory-Assembly account consistent with (1) the FIFO method and (2) the weightedaverage method. d. Calculate the total cost per completed unit at the end of the assembly process under both methods, FIFO and weighted-average. If they are the same, explain why; if they are different, explain how that could happen. e. Evaluate the profitability of these chandeliers (under both the FIFO and weighted-average methods) if Porcha sells each unit for $180. What is the gross margin per unit and gross margin percentage? If Porcha had a goal of earning a 40% gross margin percentage, did it meet its goal? If not, is there any way it could still meet its operating income goal? Explain.
Answers
The following table provides the computation of the weighted-average equivalent units of production and the cost per equivalent unit, as well as the computation of the total cost of goods transferred out of the process,
the cost of ending WIP inventory, and the total cost of units completed and the cost of units in the ending WIP Inventory - Assembly in May.Porcha Industries produces chandeliers. In the assembly department, more direct materials (DM) resources are added, which are then transformed into a finished chandelier. The total cost of units completed and the cost of units in the ending work in process (WIP) inventory in May can be determined by completing the steps of the template in parts a and b.The following is the select detail associated with Porcha's May activity in the assembly process:Part a (FIFO method)Step 1: Equivalent units of production are calculated separately for direct materials (DM) and conversion costs.Step 2: The cost per equivalent unit is computed for DM and conversion costs.Step 3: The total cost of the goods transferred out of the process is computed.Step 4: The cost of ending WIP inventory is computed.Step 5: The total cost of units completed and the cost of units in ending WIP Inventory - Assembly in May are determined.
The following table provides the equivalent units of production and the cost per equivalent unit, as well as the computation of the total cost of the goods transferred out of the process, the cost of ending WIP inventory, and the total cost of units completed and the cost of units in the ending WIP Inventory - Assembly in May.Part b (Weighted-average method)The steps in the template are the same as those in Part a, with the exception of Step 1, which requires the computation of the weighted-average equivalent units of production.
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Given the information below, calculate net income in the current period. Accounts Receivable$14,700 Rent Expense 7,500 Insurance Expense 2,100 Common Stock 24,000 Service Revenue 28,300 Supplies 4,300 Equipment 21,600 Income Tax Expense 4,200 Multiple Choice $27,300. $29,200. $14,500. $10,200.
Answers
Answer :
Net income = $14,500
Explanation :
Net income = Revenue from service - Income tax - Rent - Insurance
Net income = $28,300 - $4,200 - $7,500 - $2,100
Net income = $14,500
Review the following conversation:
Marcy: Dana, can I talk to you for a couple of minutes? We’ve been roommates for two years and I think I have a time management problem. I just don’t get enough done in a day. What do you think?
Dana: Tell me more. How did you decide that you have a problem?
Marcy: I never get everything done on my to-do list. The more I get done, the more I end up adding to the list.
Dana: What would solving the problem look like to you?
Marcy: Well, I’d get everything done on my list.
Dana: Is that
Answers
Answer:
Review of Conversation:
Marcy needed her roommate's advise on her supposedly time management problem. Dana, her roommate, was not one who offers unsolicited solutions. So, she gradually prompted Marcy to understand what her real problem was by asking leading questions. This approach by Dana eventually led Marcy to understand that she did not have any unique time management problem.
Explanation:
A review is a formal assessment or evaluation of a report or situation with the aim of summarizing it and to bring out changes if any. In this case, the review concentrated on the quality of the conversation between the two roommates and Dana's professional approach to problem-solving.
It is a poor investment to have a certain amount of money set aside for emergencies.T F
Answers
Answer: Having a certain amount of money set aside for emergencies is not a bad investment.
Explanation: An emergency fund is an essential component of personal financial management. While an emergency fund may appear to be a passive investment, its purpose is to provide financial security and protection against unforeseen circumstances. Individuals can lessen the impact of unexpected expenses such as medical bills, car repairs, or job loss by setting aside a specific amount of money for emergencies.
To begin with, an emergency fund serves as a safety net, allowing people to avoid going into debt or relying on high-interest loans when faced with unexpected financial burdens. It provides financial stability and peace of mind by providing a financial cushion to fall back on in times of crisis.
Having an emergency fund can also help you achieve your long-term financial goals. Individuals who keep emergency funds on hand can continue to focus on other financial goals, such as saving for retirement, education, or investments, without fear of depleting their savings in the event of an unforeseen event.
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Jennifer was working with some photo-editing software to crop one of her photos when she noticed that the image looked grainy. What MOST LIKELY happened? O A. She didn't crop enough of the image. O B. She wasn't using photo-editing software. OC. She cropped too much of the image and the resolution was reduced. O D. She cropped too much of the image and the resolution was increased.
Answers
Answer:
C. She cropped too much of the image and the resolution was reduced.
Explanation:
When a photo is edited via cropping, it is essentially chopping away "unwanted" pixels from the photo. However, the removal of such pixels may affect the image in a negative way, leading to a lower resolution. Remember, the less pixels the image has, the lower the resolution. The higher the pixel amount, the better the resolution.
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explain why improper capitalization of amounts spent could result in financial statement fraud and overstatement of assets.
Answers
Improper Capitalization of the amount spent on expenses can overstate the net income which can not be deducted and are needed to be deducted immediately can cause an overstatement of assets.
If there is an improper capitalization of the amount that is spent on the expenses can overstate the net income. These expenses are needed to be deducted immediately, instead, they will be deducted once the assets are until the future period when the assets are depreciated.
This overstatement of the assets can cause a high net income and can higher the risk of financial statement fraud and overstate the net income.
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When reviewing desirable traits and backgrounds that foster employee success and retention, HR at Daymon seeks to hire people with any and all of the following characteristics except: a. People who bring a wealth of HR experience and who promote the status quo b. People who display a willingness to learn and keep learning c. People who may not have worked in HR before but who are willing to learn people who treat other d. People well and are kind and considerate. People who will ask, challenge, or question company HR philosophies
Answers
Answer:
Dube buses transport people from all over within South Africa
Match the academic requirements with the careers.
-training -Ph.D. -bachelor’s degree
-anthropologist
-telecommunications technician
-network administrator
Answers
The academic requirements as well as the training required has been grouped below:
anthropologist: Ph.Dtelecommunications technician: trainingnetwork administrator: bachelor’s degreeWhat is a work requirement?This is the term that has to do with the job requirement that is needed for specific disciplines. That is the amount of training and the level of training that is required to be experts in the careers that have been chosen by the specialists.
Hence we can say that The academic requirements as well as the training required has been grouped below:
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Oh boy not much points left better get some
Answers
Answer:
Im so confused
Explanation:
:)
Answer:
..........
Explanation:
Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Answers
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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