Case 2-1 You Are a Parent and Your Children Have Begun to Have

question 85

Multiple Choice

Case 2-1
You are a parent and your children have begun to use your laptop to browse the web. Because you are concerned about objectionable content, you are trying to learn more about ways to filter web content.
-What is the default state of the feature described in the previous question?

• A) enabled
• B)disabled
• C) installed
• D)empty

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Definitions:

Adjusted Gross Income

An individual's total gross income minus specific deductions, used to determine taxable income and eligibility for certain tax benefits.

At-Risk Amount

The maximum amount of money an investor stands to lose in an investment, which limits loss deduction claims for tax purposes.

Passive Loss Rules

are tax rules that limit the ability to deduct losses from passive activities unless the taxpayer materially participates in the activity.

Passive Activity

Economic activities in which the investor does not materially participate, often related to rental property or businesses in which the person does not actively manage.