A Standard Amount Which Taxpayers Can Claim for Themselves and Dependents

question 82

Multiple Choice

A standard amount which taxpayers can claim for themselves and dependents is called a(n)

• A)allowance.
• B)deduction.
• C)exemption.
• D)exclusion.

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Definitions:

International Experience

Exposure and interaction with diverse cultures, environments, and business practices gained through travel, work, or education abroad.

Migrant Workers

Individuals who move from their home region or country to another place to seek employment, often in temporary or seasonal jobs.

Intercultural Communicator

An individual skilled in exchanging information effectively across different cultures, understanding and respecting diversity.

Global Business

Business activities that transcend national borders, involving transactions, partnerships, and operational strategies worldwide.