Which of the Following Is a Characteristic of Backups

question 13

Multiple Choice

Which of the following is a characteristic of backups?

• A)They prevent computer failures.
• B)They never have any problems.
• C)They should only be done on a USB drive.
• D)They make it easy to restore data.

Compute net changes in financial statements.

Analyze percentage increases in financial elements.

Determine gross profit on sales.

Compute acid-test ratios and understand their implications.

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Definitions:

Qualifying Widow(er)

A tax filing status allowing a widowed spouse to use married filing jointly tax rates for up to two years after the year of their spouse's death, provided they have a dependent child.

Qualifying Child

A dependent who meets specific IRS criteria regarding relationship, age, residency, and support, which allows the taxpayer to claim certain tax benefits.

Tax Return

A document filed with a tax authority that reports income, expenses, and other pertinent tax information.

Member of Household

A member of household is a term used in tax law to refer to an individual who resides with the taxpayer for a part of the year and meets certain qualifying conditions, affecting the taxpayer's filing status and eligibility for certain tax benefits.