For a Programmed Decision

question 28

Multiple Choice

For a programmed decision:

• A) alternatives are usually difficult to identify.
• B) alternatives are usually easy to identify.
• C) there are usually few alternatives.
• D) there are usually few alternatives and they are difficult to identify.
• E) there are no alternatives.

---

Definitions:

§ 179 Expense

This refers to a U.S. tax code provision allowing businesses to deduct the full purchase price of qualifying equipment or software within the tax year, aimed at encouraging business investment and growth.

Separately Stated Items

Tax items stated separately on the K-1 form from a partnership or S corporation, allowing for proper reporting and treatment on individual returns.

Ordinary Income

Income earned from standard operations of business or through wages, as opposed to capital gains or dividend income.

Interest Income

Earnings received from various types of investments like savings accounts, CDs, and bonds.