Match Each Term with Its Corresponding Description or Definition

question 135

Multiple Choice

Match each term with its corresponding description or definition.
-Twins that develop from one fertilized egg and are genetically identical

• A)Yolk sac
• B)Fraternal twins
• C)Zygote
• D)Histogenesis
• E)Amniotic cavity
• F)Identical twins
• G)Morula
• H)Primary germ layers
• I)Blastocyst
• J)Placenta

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Definitions:

Ordinary Business Income

Income earned from the normal business operations, subject to regular tax rates.

Subchapter S

A section of the Internal Revenue Code that allows corporations to pass income directly to shareholders and avoid double taxation while retaining the benefits of corporate structure.

Schedule K-1

A tax form used to report a beneficiary's share of income, deductions, and credits from a partnership, S corporation, or trust.

Charitable Contributions

Money or goods donated to nonprofit or charitable organizations, often eligible for tax deductions.