For a Bill to Pass in Either Chamber of Congress,it

question 52

Multiple Choice

For a bill to pass in either chamber of Congress,it must

• A)receive the support of a third of its members.
• B)receive the support of a simple majority of its members.
• C)receive the support of two-thirds of its members.
• D)be passed within two weeks of its passage by the other chamber.
• E)be passed within a month of its passage by the other chamber.

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:

Phonetic-fluency Approach

A method of language learning that emphasizes the mastery of sounds and pronunciation to facilitate fluency.

Critical Thinking

The ability to analyze facts, generate and organize ideas, defend opinions, make comparisons, draw inferences, evaluate arguments, and solve problems.

Manufactured

Produced in large quantities using machinery in factories, as opposed to being made by hand.

Oldsmobiles

A brand of American automobiles, which was produced by General Motors for most of its existence.