Classification

question 36

Essay

Classification.Respond to the following statements with reference to the five biomes listed below.
a.tundra
b.chaparral
c.desert
d.taiga
e.deciduous forest
-What are the three major factors that impact the type of biome that will exist in a given area?

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Definitions:

Taxpayer's Business

This term generally refers to any business activity or venture that is conducted with the aim of generating income or profit taxable to the individual or entity undertaking the activity.

Cash-Basis Taxpayer

An individual or entity that reports income and deductions in the year that cash is received or paid, respectively.

Account Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Bad Debt

A financial loss that occurs when a debtor fails to repay a loan or credit extended, considered non-recoverable and potentially eligible for a tax deduction.