What Is Necessary in Order to Draw the Most Accurate

question 12

Multiple Choice

What is necessary in order to draw the most accurate conclusions about a population while only studying part of it?

• A) A sample that is at least 10 percent of the population
• B) A representative sample
• C) A group of people from the population who volunteers for the study
• D) A sample that is at least half of the population

Identify eligibility for the credit for the elderly or the disabled based on age, AGI, and filing status.

Calculate the premium tax credit for health insurance purchased through the Marketplace.

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.

---

Definitions:

Net Requirements

The total demand for a product minus the quantity already on hand or on order, indicating the actual quantity needed to meet demand.

Gross Requirements

The total amount of materials or components needed before any adjustments for what's currently available or on order.

Net Requirements

The total amount of a product needed, considering the current inventory and scheduled production.

Gross Requirements

A recalculated total demand for an item, considering all demands without adjustments for existing inventory levels or incoming supplies.