Using the Legend Provided, Classify Each Statement Accordingly

question 82

Short Answer

Using the legend provided, classify each statement accordingly. In all cases, assume that taxable income is being adjusted to arrive at current E & P for 2015.
a.Increase
b.Decrease
c.No effect
-Gain on installment sale in 2015 deferred until 2016.

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Definitions:

Helminth

Parasitic worms, including flukes, tapeworms, and roundworms, that can cause disease in humans.

Protozoan

A diverse group of single-celled eukaryotic organisms, many of which are parasitic.

Bacterium

A large domain of prokaryotic microorganisms, typically a few micrometers in length, that can exist as single cells or in clusters, and have various roles in the environment, medicine, and industry.

Prion

Infectious agents composed of protein in a misfolded form, associated with several neurodegenerative diseases.