The Cloud Represents

question 4

Multiple Choice

The cloud represents:

• A)Increased productivity.
• B)Streamlined human resources.
• C)Automated accounting.
• D)Hassle-free security.
• E)All of these.

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Definitions:

Tax Rates

The percentage at which an individual or corporation is taxed, which can vary according to income level, type of taxpayer, and jurisdiction.

Federal Marginal Income Tax

pertains to the portion of tax applied to an individual's or entity's last dollar of income, under the federal tax system, which uses progressively higher rates for higher income levels.

Tax Bracket

Categories at varying tax rates applied to ranges of income; the higher the income, the higher the percentage of tax levied.

Progressive

Pertains to political and social movements that aim for reforms and advancements by advocating for changes in economic, social, and political structures.