Match Each Term with the Correct Definition

question 38

Multiple Choice

Match each term with the correct definition.
-Period between the ninth week of pregnancy and delivery

• A)Fetal stage
• B)CVS
• C)Down syndrome
• D)Ultrasound scanning
• E)Seven-month-old fetus
• F)Placenta
• G)Embryonic stage
• H)Implantation
• I)Apgar scale
• J)AIDS, rubella, herpes, toxoplasmosis

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Definitions:

Taxable Income

The amount of income subject to taxes, calculated by adjusting gross income by various deductions, exemptions, and adjustments specified by tax laws.

Book Income

Book income is a company's financial income as reported in the financial statements, adhering to the rules of accounting, before any tax adjustments.

Loss Carryback

An accounting technique that allows businesses to apply current year’s net operating losses to previous years’ profits to reduce tax liabilities.

Income Tax Benefit

A reduction in income tax payments, which can result from deductions, exemptions, or credits, often recognizing benefits from losses or deductions from previous years.