Which of the Following Criteria Is Not Required to Be

question 51

Multiple Choice

Which of the following criteria is not required to be met under the tax concept of income?

• A)There must be economic benefit.
• B)Income must be realized.
• C)Income must be recognized.
• D)Cash must be received.

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Definitions:

Self-leadership

The practice of intentionally influencing your thinking, behavior, and feelings to achieve your objectives.

Constructive Thought Patterns

Models to help us to form positive and productive ways of thinking that can benefit our performance.

Self-reward

A personal incentive one gives oneself as a form of recognition for achieving a goal or completing a task.

Left-brain Thinking

Logical, analytical, and objective thought processes associated with the left hemisphere of the brain.