Both Economic and Social Considerations Can Be Used to Justify

question 150

Multiple Choice

Both economic and social considerations can be used to justify:

• A)Favorable tax treatment for accident and health plans provided for employees and financed by employers.
• B)Disallowance of any deduction for expenditures deemed to be contrary to public policy (e.g., fines, penalties, illegal kickbacks, bribes to government officials).
• C)Various tax credits, deductions, and exclusions that are designed to encourage taxpayers to obtain additional education.
• D)Allowance of a deduction for state and local income taxes paid.
• E)None of these.

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Definitions:

Central Processor

The primary component of a computer or information processing system responsible for interpreting and executing instructions.

Resting Potential

The state of a neuron when it is not active, characterized by a balance of ions producing a negative charge inside the cell.

Axon

A long, slender projection of a nerve cell, or neuron, which conducts electrical impulses away from the neuron's cell body.

Electrical Charge

A fundamental property of matter that causes it to experience a force when placed in an electromagnetic field, which can be positive or negative.