Website Whose Content Is Created and Edited by the Ongoing

question 16

Multiple Choice

website whose content is created and edited by the ongoing collaboration of end users is known as a

• A) wiki.
• B) blog.
• C) Net platform.
• D) Facebook page.
• E) "tweet."

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Definitions:

Taxable Gain

The profit arising from the sale or exchange of an asset that is subject to income tax.

Charitable Contribution

Donations made to qualified organizations that may be tax-deductible for the donor.

Taxable Income

The amount of income that is subject to tax, after accounting for deductions and exemptions.

FMV

Fair Market Value; an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.