Cash Received by an Employee from an Employer

question 59

Multiple Choice

Cash received by an employee from an employer:

• A)Is not included in gross income if it was not earned.
• B)Is not taxable unless the payor is legally obligated to make the payment.
• C)Must always be included in gross income.
• D)May be included in gross income although the payor is not legally obligated to make the payment.
• E)None of these.

Understand the factors that contributed to the rise of Adolf Hitler and fascist dictatorships as a result of the depression.

Comprehend the economic conditions and political responses in the United States during the Great Depression, including the role and perspectives of President Herbert Hoover.

Identify the impact of the New Deal policies on various demographics and the economy.

Recognize key figures and their contributions or roles during the New Deal era.

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Definitions:

Resistance

The opposition that a substance offers to the flow of electric current.

Resistance

A measure of how much a material or device resists the passage of an electrical current, resulting in electrical energy being converted into heat.

Force

An interaction that, when unopposed, will change the motion of an object. It can cause an object with mass to change its velocity.

Applied Voltage

The electric potential difference put across a device or circuit that starts the current flow.