All of the Following Statements About Rim Offset Are  Correct

question 94

Multiple Choice

All of the following statements about rim offset are  correct EXCEPT:

• A) Positive offset, the rim centerline is inboard of the  mounting face of the rim.
• B) Zero offset, the rims centerline aligns with the  mounting face of the rim.
• C) Negative offset, the centerline is outboard of the  mounting face of the rim.
• D) Positive offset, the centerline is outboard of the  mounting face of the rim.

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Definitions:

Form 8949

A tax form used by the IRS to report sales and other dispositions of capital assets.

Outstanding Receivables

are amounts owed to a business by its customers for goods or services delivered but not yet paid for.

FMV

Fair Market Value; the price that property would sell for on the open market between a willing buyer and a willing seller.

Basis

In tax terms, it refers to the amount of a taxpayer's investment in property for tax purposes, used to calculate gain or loss on the sale or disposition of the property.