In Which of the Following Data Dictionary Notations Would Specifics

question 15

Multiple Choice

In which of the following data dictionary notations would specifics such as data element length and type be located?

• A) Label
• B) Entry type
• C) Description
• D) Value/meaning

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Definitions:

Foreign Taxes

Taxes paid to a foreign government on income earned outside of the taxpayer's country of residence.

Schedule A

An itemized deductions form where taxpayers list eligible expenses to reduce their taxable income, including medical, taxes paid, interest, gifts to charity, and casualty losses.

Foreign Tax Credit

A permanent tax credit for income taxes handed over to an overseas authority as a consequence of foreign income tax deductions.

Appreciated Capital Gain Property

Property that has increased in value over time, where the capital gain realized from its sale is taxed at a possibly reduced rate depending on the duration of ownership.