A Decision of Which of the Following Courts) Cannot Be

question 36

Multiple Choice

A decision of which of the following courts) cannot be found in RIA's American Federal Tax Reports AFTR or AFTR2d) ?

• A) the District Courts
• B) the Tax Court
• C) the Supreme Court
• D) the U.S. Court of Federal Claims
• E) Only b. and c..

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Definitions:

Accrual Accounting

Accounting method that records revenues and expenses when they occur, not necessarily when cash actually changes hands.

Credit

Receiving money, goods, or services on the basis of an agreement between the lender and the borrower that the loan is for a specified period of time with a specified rate of interest.

Sale

The exchange of goods or services for money or other consideration.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.