Cpf final exam - Study guides, Class notes & Summaries

CPF FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT What can be taxed? - Answer- Earned Income (income tax)- wages, salaries, tips (federal and state) Other Income - winnings Investment Income - dividends, interest Capital Gains - profits from sale of an investment Purchases (sales tax) Types of taxes - Answer- Real Estate Property Taxes - land and buildings Estate Tax- tax on sale of possessions after death - can be up to 50%! Gift Tax - gifts over $15,000 Sin Tax - Cigarettes and Al...

FINAL EXAM - AC 395 QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE GRADED A+ Which of the following is not required disclosure about each major class of capital assets? Capital acquisitions and sales or other dispositions during the year showing the date and method of acquisition or disposition Which of the following funds of a government uses the modified accrual basis of accounting? Capital projects The city of Columbus issued bonds for the construction of new city office bridling....

FINAL EXAM - AC 395 QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE GRADED A+ Which of the following is not required disclosure about each major class of capital assets? Capital acquisitions and sales or other dispositions during the year showing the date and method of acquisition or disposition Which of the following funds of a government uses the modified accrual basis of accounting? Capital projects The city of Columbus issued bonds for the construction of new city office bridling....

FINAL EXAM - AC 395 QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE GRADED A+ Which of the following is not required disclosure about each major class of capital assets? Capital acquisitions and sales or other dispositions during the year showing the date and method of acquisition or disposition Which of the following funds of a government uses the modified accrual basis of accounting? Capital projects The city of Columbus issued bonds for the construction of new city office bridling....