The _____ Plan Is Simply a Way of Recognizing That

question 45

Multiple Choice

The _____ plan is simply a way of recognizing that sometimes even the "best laid plans" don't work the way they were intended to work.

• A) business
• B) production
• C) financial
• D) contingency
• E) growth

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Definitions:

Divorced

A marital status indicating that a person has legally ended their marriage.

Income Tax Return

A document filed with a tax authority that reports income, expenses, and other pertinent tax information, used to calculate tax liability.

Basic Standard Deduction

The preset amount subtracted from income that is not subject to federal income tax, differing by filing status and not requiring itemization.

Head of Household

A tax filing status for individuals who are unmarried and provide more than half of the financial support for their household.