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If a test is not considered appropriate for the specimen, which of the following should happen?
Taxable Income
The amount of income that is subject to income tax after all deductions and exemptions.
Corporate Income Tax Schedule
A chart or plan detailing the rates at which corporate income is taxed by the government at different income levels.
Tax Liability
The total amount of tax owed to governmental authorities, based on income, property value, transactions, or other taxable events.
Earnings Before Interest And Taxes (EBIT)
A measure of a firm’s performance without regard to how it is financed.
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