If Congress Enacts a Temporary Change in the Tax Law

question 17

Multiple Choice

If Congress enacts a temporary change in the tax law that will apply for only two taxable years, the change increases:

• A) Market risk
• B) Financial risk
• C) Audit risk
• D) Tax law uncertainty

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Definitions:

Put Away

To place something in its designated spot or to store it out of sight.

Discriminative Stimulus

A cue or signal in the environment that indicates the availability of reinforcement or punishment, guiding behavior in operant conditioning.

Operant Conditioning

An approach to learning in which behavior modification is achieved through positive reinforcement or negative punishment.

Trick or Treat

A Halloween custom for children in many countries, where they dress in costume and solicit candy or other treats door-to-door with the phrase "Trick or treat."