Examlex
Match the following results with the proper DatePart formulas (assume a BirthDate of December 26, 1959 at 10:30 AM):
I. 1959
II. 12
III. 26
IV. 7
V. 10
A. =DatePart("h",[BirthDate])
B. =DatePart("w",[BirthDate])
C. =DatePart("d",[BirthDate])
D. =DatePart("m",[BirthDate])
E. =DatePart("yyyy",[BirthDate])
Loss Carryback
A tax provision allowing companies to apply a net operating loss to previous tax years' profits, resulting in a tax refund.
Income Tax Expense
The total amount of income tax a company reports it owes in a given fiscal period.
Prepaid Asset
Expenses paid in advance and recorded as assets before they are used or consumed.
Pre-Tax Book Income
The income of a company before taxes as reported in its financial statements, according to accounting principles.
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