Generally,in the Case of a Divorced Couple,the Parent Who Has

question 54

True/False

Generally,in the case of a divorced couple,the parent who has physical custody of a child for the greater part of the year is entitled to claim the child as a dependent.

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from their face value and maturing at par.

Interest Rate

An Interest Rate is the percentage of principal charged by a lender for the use of its money or the rate earned on deposited funds.

Collection Float

The time period between when a check is deposited in a bank and when the amount is available in the account, affecting cash flow management.

Interest Rate

The rate at which interest is imposed on a loan for the borrower, often expressed as an annual percentage of the outstanding loan.