Which of the Following Is an Example of the Timing

question 49

Multiple Choice

Which of the following is an example of the timing strategy?

• A) A cash basis taxpayer paying all outstanding bills by year end
• B) A parent employing her child in the family business
• C) A business paying its owner a $30,000 salary
• D) A taxpayer investing in a tax preferred investment
• E) None of these

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Definitions:

Transcription

The process by which the genetic information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).

Translation

The process by which the sequence of bases in messenger RNA is converted into the sequence of amino acids in a protein by ribosomes and transfer RNA.

Prokaryotes

Microorganisms that lack a distinct nucleus and other organelles due to the absence of a membrane surrounding their genetic material.

Eukaryotes

Organisms whose cells contain a nucleus enclosed within membranes, distinguishing them from prokaryotes, which lack a membrane-bound nucleus.