The Principle of Duration Matching Is Not

question 29

Multiple Choice

The principle of duration matching is not

• A) used only in bond portfolio management.
• B) a useful concept for investments with target dates.
• C) matching one's assets to one's objectives.
• D) a useful concept for investments with target dates or matching one's assets to one's objectives.
• E) None of the options are correct.

Understand the conditions and limits of the earned income credit (EIC) for taxpayers with and without children.

Recognize the application and calculation of foreign tax credits to avoid double taxation.

Determine the eligibility and amount of the adoption credit based on AGI and qualified adoption expenses.

Understand the requirements for claiming the child tax credit and its phase-out based on AGI.

---

Definitions:

National Assembly

A legislative body in various countries, which can be a form of parliament or assembly with wide powers typically established during or after a revolutionary period.

Paris Parlement

The supreme court of justice in pre-revolutionary France, known for registering royal edicts and sometimes resisting the king's authority by refusing to register policies.

National Assembly

is a legislative body in various countries, and it is often the lower house of a bicameral legislature or a unicameral legislature.

Estates-General

The legislative body in pre-revolutionary France made up of representatives of the three estates: the clergy, the nobility, and the commonpeople.