Under Which of the Following Cases May a Percentage Change

question 133

Multiple Choice

Under which of the following cases may a percentage change be computed?

• A) The trend of the balances is decreasing but all balances are positive.
• B) There is no balance in the base year.
• C) There is a positive balance in the base year and a negative balance in the subsequent year.
• D) There is a negative balance in the base year and a positive balance in the subsequent year.

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Definitions:

AGI Deduction

A reduction allowed in computing an individual's Adjusted Gross Income, which can include certain business expenses, educational expenses, or health savings account contributions.

Health Savings Account

A tax-advantaged savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan.

High Deductible Health Plan

A health insurance plan with lower premiums and higher deductibles than traditional health plans, often coupled with a Health Savings Account (HSA).

Unreimbursed

Expenses that have not been paid back or compensated, especially reference to employee business expenses.