Match Each Term with the Correct Statement Below

question 90

Multiple Choice

Match each term with the correct statement below.
-Used by persons who do not itemize deductions on their return.

• A)Ad valorem tax
• B)Deduction
• C)Excise tax
• D)Exclusion
• E)Expense
• F)Gain
• G)Loss
• H)Ordinary income
• I)Pay-as-you-go concept
• J)Personal property
• K)Real property
• L)Self-assessment
• M)Standard deduction
• N)Statute of limitations
• O)Tax base
• P)Tax credit

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Definitions:

WordArt Shadow

A visual effect in graphic design that adds a shadow behind text to create the illusion of depth or emphasis.

Text Direction

The direction in which text is displayed or written, which can be left-to-right, right-to-left, or top-to-bottom, depending on the language and context.

SmartArt Shape

A graphical tool within Microsoft Office programs designed to help create visual representations of information, such as diagrams and charts.

Picture Content Control

A feature in document creation software that allows users to insert and manage images within a document.