For No Particularly Good Reason,Ms

question 12

Multiple Choice

For no particularly good reason,Ms.Totter failed to file her current-year Form 1040 by the due date.Which of the following statements is false?

• A)If the government owes Ms.Totter a refund of current-year tax,there is no penalty if she never files the return.
• B)The statute of limitations on the return will not begin to run until Ms.Totter files the return.
• C)If Ms.Totter owes additional current-year tax,she also will owe a late-filing and late-payment penalty.
• D)None of the above is false.

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Definitions:

Income

The money received by a person or group for work, from investments, or from various transfer payments.

Emotional Intelligence

The skill to recognize, regulate, and articulate one's own emotions, as well as to navigate relationships with others in a sensible and compassionate manner.

Perceiving Emotions

The process of recognizing and interpreting emotions in oneself and others through verbal and non-verbal cues.

Edward Thorndike

An American psychologist who developed the theory of connectionism, emphasizing the role of practice and reward in learning.