Changes Made to a System to Repair Flaws in Its

question 124

Multiple Choice

Changes made to a system to repair flaws in its design,coding,or implementation describes:

• A)corrective maintenance
• B)adaptive maintenance
• C)preventive maintenance
• D)perfective maintenance

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Definitions:

Form 1116

Form 1116 is used by taxpayers to claim the Foreign Tax Credit, which is a credit for income taxes paid to a foreign country, reducing the U.S. tax liability on foreign income.

Foreign Tax Credit

A tax credit that allows taxpayers to offset income taxes paid to foreign governments against their U.S. tax liabilities, to avoid double taxation of the same income.

Earned Income Credit

The Earned Income Credit (EIC) is a refundable tax credit for low- to moderate-income working individuals and families, particularly those with children, to reduce poverty and encourage work.

Nonrefundable Credit

A tax credit that can only reduce a taxpayer’s liability to zero, but unlike refundable credits, any excess is not paid out to the taxpayer.