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_____ Are Considered to Be the Most Important Element in Computer-Based

question 2

Multiple Choice

_____ are considered to be the most important element in computer-based information systems.

Definitions:

Interest Received

The amount earned from interest-bearing accounts or investments, such as savings accounts or bonds, which is usually taxable income.

Itemized Deductions

Deductions from taxable income that occur when taxpayers list out specific allowable expenses on their tax return.

State Taxes Paid

State Taxes Paid includes any taxes that individuals or businesses pay to state governments, which can include income tax, sales tax, and property tax.

Tax Return

A formal document filed with a government body, reporting income, expenses, and other pertinent tax information, used to calculate tax liability.