CHAE Is an Acronym for Which of the Following

question 36

Multiple Choice

CHAE is an acronym for which of the following?

• A) Certified Hospitality Accountant Executive
• B) Certified Hotel Account Executive
• C) Certified Hospitality Account Employee
• D) Certified Hotel Advertising Executive
• E) Certified Hospitality Advertising Executive

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Definitions:

U.S. Tax Liability

The total amount of tax owed to the United States government by an individual or entity for a given tax year.

Total Income

The sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes.

Adoption Credit

A tax credit offered to offset the expenses incurred in the process of legally adopting a child.

Modified AGI

Adjusted Gross Income as further modified by specific deductions and exclusions for certain tax calculations.