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Faced with significant schedule challenges,the project manager has several responsibilities.All of the following are among the project manager's responsibilities EXCEPT:
Standard Deduction
A fixed dollar amount that reduces the income on which you are taxed, varying by filing status, and used instead of itemizing deductions.
Positive Adjustment
An increase in the amount of reported income or expense, resulting in a higher taxable income.
AMTI
Alternative Minimum Taxable Income, which is calculated to ensure that taxpayers with large amounts of deductions, exemptions, and exclusions still pay a minimum amount of tax.
AMT Depreciation
Depreciation methods and rates that apply for the Alternative Minimum Tax, a parallel tax system to ensure certain taxpayers pay a minimum amount of tax.
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