Which of the Following Statements Is Correct

question 132

Multiple Choice

Which of the following statements is correct?

• A)If the tentative minimum tax is $10,000 and the regular income tax liability is $12,000, AMT is $2,000.
• B)If the tentative minimum tax is $12,000 and the regular income tax liability is $10,000, AMT is $12,000.
• C)If the tentative minimum tax is $10,000 and the regular income tax liability is $12,000, AMT is a negative $2,000.
• D)If the tentative minimum tax is $12,000, and the regular income tax liability is $10,000, AMT is $2,000.

---

Definitions:

Workaholism

A condition characterized by an uncontrollable need to work incessantly, often at the expense of personal relationships and health.

Paid Vacation

Employment benefit allowing employees to take time off work while still receiving their regular pay, enabling rest, travel, or personal activities.

Work Phone

A telephone designated for business use, either provided by an employer or dedicated by an individual for work-related communication.

Industrial Accidents

Unplanned events that occur in the workplace resulting in injury, death, or property damage.