The Definition of "Unrealized Receivable" Does Not Include the

question 59

Multiple Choice

The definition of "unrealized receivable" does not include the

• A)right to payment for services performed by a cash-basis taxpayer.
• B)recapture potential on Sec. 1245 property.
• C)recapture potential on Sec. 1250 property.
• D)right to payment for services performed by an accrual-basis taxpayer.

---

Definitions:

Certificates

Official documents or records that verify the completion of education, training, or certification programs, or that authenticate facts.

Quartile

A statistical term describing any of the three points that divide a ranked data set into four equal parts, each representing one-fourth of the distributed sample.

Pay Range

The scope of compensation, from minimum to maximum, that an organization is willing to pay for a specific job or level of responsibility.

Superior Performance

A level of achievement that significantly surpasses the average or expected results.