Chat Participants Might Use Common Acronyms as a Typing Shortcut

question 86

Multiple Choice

Chat participants might use common acronyms as a typing shortcut for common expressions, such as "ttfn" for "____".

• A) goodbye
• B) hello
• C) leave me alone
• D) get well soon

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Definitions:

Exempt

Not subject to an obligation, duty, or requirement; often used in the context of income that is not subject to taxation.

Capital Gains Rates

The tax rates applied to the profit made from selling an asset for more than its purchase price.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Fair Market Value

The estimated price at which an asset would sell in the marketplace when both buyer and seller are reasonably knowledgeable and willing parties.