Which of the Following Choices Are Not Options When Using

question 15

Multiple Choice

Which of the following choices are not options when using the inventory ledger -

• A)accessing inventory lists from the home window or the inventory & services window
• B)item assembly costs or adjustment write-off costs
• C)sort inventory by item and name
• D)profit evaluation method by markup or margin

---

Definitions:

Dependent

An individual, such as a child or relative, whose support and financial care are provided by the taxpayer, and is eligible for certain tax benefits.

Lifetime Learning Credits

A tax credit available in the United States to offset higher education expenses, applicable to an unlimited number of tax years.

American Opportunity Tax

A credit offered to first four years of higher education expenses, providing a tax break to defray the costs of tuition and related expenses.

Education Expenses

Costs associated with education, such as tuition fees, textbooks, and other school-related expenses, which may be eligible for tax deductions or credits.