Which Is a Tax Expenditure Given Primarily to College Students

question 19

Multiple Choice

Which is a tax expenditure given primarily to college students?

• A)American Opportunity Credit
• B)private student loans -Consider This: Private transactions between lenders and borrowers do not count as tax expenditures.
• C)private scholarships
• D)research grants

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Definitions:

Sales

The transactions or operations involved in the selling of goods or services, resulting in revenue for the company.

Transfer Prices

Prices at which divisions of the same company transact with each other, often set to allocate revenues and expenses among various subunits of the company.

Variable Cost

Expenses that change in proportion to the business activity or production volume.

Profit Margin

A financial ratio indicating the percentage of revenue that exceeds the costs associated with making or buying the goods sold.