In December 2016,Max,a Cash-Basis Taxpayer,rents an Apartment to Kadeem

question 71

Multiple Choice

In December 2016,Max,a cash-basis taxpayer,rents an apartment to Kadeem.Max receives both the first and last months' rent totaling $1,800 plus a security deposit of $400.The amount of income reported by Max as taxable in 2016 is

• A)$400.
• B)$1,300.
• C)$1,800.
• D)$2,200.

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Definitions:

Organisational Policies

Guidelines and rules that govern the operations, culture, and decision-making within an organisation, shaping its working environment and behavior.

Labour Market

The supply and demand for workers, in particular the workforce available for certain jobs and the need employers have for certain skills.

Dismissing An Employee

The act of permanently removing an employee from their position of employment, often due to performance issues or misconduct.

Training Technique

Methods or procedures used to enhance the skills, knowledge, and competencies of individuals, aimed at improving their performance in specific tasks or roles.