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The First Prong of the Two-Pronged Test to Establish a Claim

question 25

Multiple Choice

The first prong of the two-pronged test to establish a claim of ineffective counsel requires the defendant to show:


Definitions:

Federal Income Tax Payable

Liabilities owed to the federal government for income taxes that have been incurred but not yet paid.

Direct Method

An accounting approach for the cash flow statement that lists major classes of gross cash receipts and payments.

Deferred Revenue

Deferred revenue is income a company has received for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet until the obligation is fulfilled.

Accounts Receivables

Money owed to a business by its clients for goods or services delivered but not yet paid for.

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