Which One of the Following Statements Is Not True Concerning

question 24

Multiple Choice

Which one of the following statements is not true concerning the estate tax applicable credit amount?

• A)The applicable estate tax credit amount can offset a tax up to $1,772,800 in 2012.
• B)The applicable estate tax credit amount is a lifetime credit.
• C)The applicable estate tax credit amount can be used to offset gift taxes and estate taxes.
• D)Use of the applicable estate tax credit amount is mandatory if one makes a taxable gift.
• E)The entire applicable estate tax credit amount can be used in more than one taxable year to offset additional tax.

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Definitions:

Aphasia

Impairment of language, usually caused by left hemisphere damage either to Broca’s area (impairing speaking) or to Wernicke’s area (impairing understanding).

Language

Our spoken, written, or signed words and the ways we combine them to communicate meaning.

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.

Morphemes

The smallest grammatical units of language that have semantic meaning, including roots, prefixes, and suffixes.