The Definition of "Unrealized Receivable" Does Not Include the

question 59

Multiple Choice

The definition of "unrealized receivable" does not include the

• A)right to payment for services performed by a cash-basis taxpayer.
• B)recapture potential on Sec. 1245 property.
• C)recapture potential on Sec. 1250 property.
• D)right to payment for services performed by an accrual-basis taxpayer.

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Definitions:

Goal-setting

The process of identifying something that you want to accomplish and establishing measurable objectives and timeframes to help you achieve it.

Goal Acceptance

The extent to which individuals embrace and commit to achieving a set objective or aim.

General Goals

Broad, overarching objectives that provide a direction but lack specificity in terms of how they will be achieved.

Specific Goals

Goals that are clearly defined, measurable, achievable, relevant, and time-bound, guiding individuals or organizations towards desired outcomes.