Case 1 - BrainPower Tutoring

question 38

Multiple Choice

Case 1 - BrainPower Tutoring
The owner of BrainPower Tutoring needs an application to calculate and print estimates to provide to potential clients for tutoring services. A tutoring session is a minimum of one hour, and the hourly rate varies based on the subject. The application should allow the owner to enter the client’s name, subject, number of tutoring sessions, and hourly rate. The application will display the total fee and allow the owner to print the estimate. You should also provide the ability for the owner to clear the screen and exit the application.
-Which of the following statements would calculate and display the total fee?

• A)TotalFee.Text = Val(txtNumberSessions) * Val(txtRate)
• B)TotalFee.Text = NumberSessions.Text * Rate.Text
• C)lblTotalFee.Text = Val(txtNumberSessions.Text) * Val(txtRate.Text)
• D)TotalFee = NumberSessions * Rate

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Definitions:

Money Distribution

The process of disbursing or allocating financial resources, often by a corporation or governmental entity.

Partnership Liability

The financial obligations or debts for which a partnership is responsible, which can affect the partners' individual tax situations.

Partnership Interest

An ownership share in a partnership, representing a partner's stake in the assets and operations of the business.

Ordinary Income

Income earned through wages, salaries, commissions, and interest, which is taxed at standard federal income tax rates.