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Assess the Following as Probably , as Probably , as Requiring

question 48

Essay

Assess the following as probably , as probably , as requiring further documentation before judgment, or as a claim that cannot properly be evaluated. Consider both the nature of the claim and the source.
Barack Obama is a citizen of both the United States and the Republic of Kenya.
-an online article run in August, 2008, by the Rocky Mountain News


Definitions:

Fiscal Year-End

The completion of a one-year, or twelve-month, accounting period, after which financial statements are produced.

Income Tax Return

The document filed with a tax authority reporting income, expenses, and other tax-related information to determine tax liability or refund eligibility.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, which can enter into contracts, own assets, and is subject to taxation.

Subchapter S Corporation

A type of corporation designed for small businesses that allows income to be passed through to shareholders and taxed at individual rates, avoiding double taxation.

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