Consider the Expression 3 * 2 ^ 2 15 -

question 24

Multiple Choice

Consider the expression 3 * 2 ^ 2 15 - 3. Which operation is performed last?

• A) ^
• B) -
• C) >
• D) AndAlso

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Definitions:

Gift Tax

A federal tax on the transfer of property by gift from one individual to another, where the giver receives nothing or less than full value in return.

Assumed Mortgage

When a property buyer takes over the seller's existing mortgage, it is referred to as an assumed mortgage.

Recognized Gain

The portion of a gain that is subject to tax, as realized from the sale or exchange of a capital asset beyond the original purchase price.

Section 1245

A section of the U.S. Internal Revenue Code that deals with the tax treatment of depreciable property and requires the recapture of depreciation upon sale of the property as ordinary income.