All of the Following Statements Are True Regarding the Lifetime

question 66

Multiple Choice

All of the following statements are true regarding the Lifetime Learning Credit except which one?

• A)In order to qualify for the Lifetime Learning Credit,a student must be enrolled 1/2 time.
• B)Qualifying expenses include those for tuition and related fees but not for room and board.
• C)The Lifetime Learning credit may be claimed for any degree or nondegree course at a college or university that helps an individual acquire or improve their job skills.
• D)The Lifetime Learning credit and the American Opportunity Tax credit may not be taken in the same tax year with respect to the same student's tuition and related fees.

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Definitions:

Partition

A process that can divide a hard drive so that the computer sees more than one drive.

Technician

A professional skilled in the practical application of science and technology in a particular domain, often related to systems maintenance, repairs, and installations.

Virtual Memory

A functionality within an operating system that leverages both hardware and software components to manage instances when the physical memory is insufficient, by momentarily moving information from the random access memory (RAM) to a disk storage system.

Control Panel

A component of the operating system that allows users to modify system settings and control hardware features.