Glaciation Has Been Recorded______

question 11

Multiple Choice

Glaciation has been recorded______ .

• A) only during times when earth has moved farther away from the sun
• B) only millions of years ago. The Ice Ages are nothing we have seen during human history
• C) only during the Quaternary period
• D) at multiple times throughout Earth's history

Knowledge of when to report income based on the cash receipts and disbursements method.

Recognize the tax implications of bartering services and the determination of taxable income in bartering transactions.

Understand the principles of constructive receipt and the conditions under which income is considered earned.

Grasp the definitions and tax treatment of fringe benefits, including insurance coverage and educational assistance.

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Definitions:

Homemade Dividend

A strategy whereby investors sell a portion of their portfolio to create cash flow, mimicking the effect of dividend payments.