Choose the Word or Phrase in [ ] Which Will

question 63

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-For 2014,your net estate value must exceed [$1,650,000 | $5,340,000] before any federal estate taxes will be due.

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Definitions:

Ingrained Stereotypes

Deeply embedded preconceived and oversimplified images or ideas of particular types of people or things.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience.

Explicit Knowledge

Information or knowledge that is easily articulated, codified, accessed, and verbalized, typically found in documents or databases.

Observation

The action or process of closely monitoring or noting something or someone in order to gain information.