A Taxpayer Earning Income in "Cash" and Not Reporting It

question 135

Multiple Choice

A taxpayer earning income in "cash" and not reporting it as taxable income is an example of:

• A)tax avoidance.
• B)tax evasion.
• C)conversion.
• D)income shifting.
• E)None of the choices are correct.

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Definitions:

Plus Or Minus Signs

Symbols used to indicate the precision of an approximate number, or to show the range of possible values around a given value.

X-axis

The horizontal axis in a graph or chart, commonly used to represent the independent variable's range of values.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.

Z Score

A measure of how many standard deviations an element is from the mean.