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Match Each of the Following Functions to Their Actions

question 36

Multiple Choice

Match each of the following functions to their actions:
i. SUM
II. AVERAGE
III. COUNT
IV. MAX
v. MIN


Definitions:

Property Taxes

Taxes assessed on real estate by the local government, based on the property's value.

Taxable Income

The amount of income on which the income tax is determined.

Standard Deduction

A set amount that reduces the income subject to tax, which taxpayers can claim on their tax return, as an alternative to itemizing deductions.

Exemption

A deduction allowed by law to reduce the amount of income that would otherwise be taxed.

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