ACCT 324 Week 1 Quiz

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ACCT 324 Week 1 Quiz, Federal Tax Law and Process

  1. (TCO 1) Which, if any, of the following would tend to decrease the ad valorem tax on real estate?
  2. (TCO 1) Characteristics of a national sales tax include:
  3. (TCO 1) Which statement is FALSE with respect to tax treaties?
  4. (TCO 8) State income taxes generally can be characterized by:
  5. (TCO 8) Which, if any, of the following items is a deduction for AGI?
  6. (TCO 8) In 2011, Barney had the following transactions:
  7. (TCO 8) Which, if any, of the following statements does NOT correctly describe the "kiddie tax"?
  8. (TCO 9) What are pitfalls in interpreting the Internal Revenue Code?
  9. (TCO 11) Which of the following indicates that a decision has precedential value for future cases?
  10. (TCO 12) Which of the following is characteristic of the IRS audit procedure?
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