Jerome,a Self-Employed Attorney,is Scrambling Around to Refigure His Estimated 2016

question 5

Multiple Choice

Jerome,a self-employed attorney,is scrambling around to refigure his estimated 2016 income tax liability,because he needs to mail his third quarter estimated tax payment tomorrow (September 15,2016) .What concept,construct,or doctrine is causing Jerome to scramble?

• A)Administrative Convenience Concept.
• B)Ability To Pay Concept.
• C)Arms-length Transaction Concept.
• D)Pay- As-You-Go Concept.
• E)Assignment of Income Doctrine.

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Definitions:

Active Processing

The mental manipulation of information to retain it in short-term memory, integrate it into long-term memory, or solve problems.

Peterson and Peterson

Researchers known for their work on the duration of short-term memory, especially the experiment demonstrating rapid forgetting without rehearsal.

Rehearsal

A practice session in preparation for a public performance (as of a play or speech) or procedure.

Chunking

Chunking is a process of breaking down larger pieces of information into more manageable, smaller units, making it easier to remember and process.