A Cookie Is a Small Piece of Software Code Saved

question 144

True/False

A cookie is a small piece of software code saved in the cloud.

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Definitions:

Taxable Income

The portion of income that is subject to income tax after adjustments, deductions, and exemptions are applied to gross income.

Tax Liability

The sum total of taxes that an individual, corporation, or other entity is required to pay to a government body.

Single Person

An individual who is unmarried or legally separated from a spouse, affecting their tax filing status and benefits.

Taxable Income

The portion of an individual's or corporation's income used to determine how much tax is owed to the federal government or other taxing authorities.