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Earned Income Income derived from active participation in a trade or business, including wages, salary, tips, commissions and bonuses. Unearned Income Any income that comes from investments and other sources unrelated to employment services. Examples: interest from a savings account, bond interest, alimony, and dividends from stock Exemptions (aka allowance) and how they work If you are not claimed as a dependent on another taxpayer's return, then you can claim one personal ...

Quickbooks online questions and answers latest updated 2023 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? It is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks o...

Quickbooks Online Certification Questions and Answers 2023 One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? 2 Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend conve...

1) A client would like to purchase a house within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer- Find a second job 2) Six months ago a client left a job as a reporter to start a business in the retail industry. To prepare to buy a house, the client closed credit card accounts and has been using savings to pay down credit card debt and collections....

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

NR 546 Test Your Knowledge Quiz Week 2 with Answers- Chamberlain College of Nursing Week 2 Review 1. Human central nervous system communication at synapses is which of the following? Chemical The communication between neurons at synapses is mediated by neurotransmitter molecules and is therefore chemical. 2. Which of the following is a prominent CYP enzyme in the body and what is it responsible for? CYP3A4 - responsible for metabolism of a number of medications CYP 3A4 is one ...

Statement of Cash Flows - Answer- Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities ...

How old do you have to be to take DD? - Answer- Any age What are other names "Defensive Driving" is known by? - Answer- Driver Safety Course (DSC), Traffic Safety Course What is the Defensive Driving course used for? - Answer- Dismiss a ticket, insurance discount, job requirement Will insurance companies accept Aceable's Defensive Driving course for an insurance discount? - Answer- We are approved by the state of Texas. It's up to the student to contact their insurance company to se...

ETA CPP Study Guide Latest Version Already Passed NABU, APF and FANF MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and assessments ...

NABU, APF and FANF MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and assessments and typically range from 0.105% - 0.45% on the transaction...