In 2014,the U

question 71

Multiple Choice

In 2014,the U.S.President declared a federal disaster in California due to wild fires.Helen lives in the affected area and lost her home in the fires.What choice does she have regarding when she can claim the loss on her tax return?

• A)It must be claimed in 2013 if the return has not been filed by the date of the loss.
• B)It must be claimed in 2014 if the loss is greater than Helen's modified adjusted gross income.
• C)It may be claimed in 2015 if an election is filed with Helen's 2014 return.
• D)It may be claimed in either 2013 or 2014.

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Definitions:

Transformational Leadership

A style of leadership where a leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their personality, communication, and actions.

Effects

The outcomes or changes that result from a specific cause or series of events.

Authentic Leadership

A leadership style in which the leader is genuine, transparent, and ethical, and encourages open and honest communication with followers.