– IDENTIFICATION Determine the word or phrase defined, described or needed in each statement. Marcelito, a...

– IDENTIFICATION

Determine the word or phrase defined, described or needed in each statement.

Marcelito, a Filipino professional singer, was engaged to guest in different television shows in various countries around the world during the current taxable year. He stayed abroad most of the time during the year. Classify Marcelito as a taxpayer.
An alternative form of obtaining funds from the public, other than deposit, through the issuance, endorsement, or acceptances of debt instruments for the purpose of relending or purchasing or receivables and other obligations.
A person formally certified by a professional body belonging to a specific profession by virtue of having completed a required course of study or practice, whose competence can usually be measured against an established set of standards.
It is a right on property, real or personal, held by one party for the benefit of another. It may be created by will under which title to a property is passed to another for conservation or investment, with the income therefrom and ultimately the principal (object) to be distributed in accordance with the directions of the creator as expressed in the governing instrument.

Solutions

Expert Solution

Q. Marcelito, a Filipino professional singer, was engaged to guest in different television shows in various countries around the world during the current taxable year. He stayed abroad most of the time during the year. Classify Marcelito as a taxpayer.

A. Non-Resident Citizen

Q. An alternative form of obtaining funds from the public, other than deposit, through the issuance, endorsement, or acceptances of debt instruments for the purpose of relending or purchasing or receivables and other obligations.

A.Deposit Substitutes

Q. A person formally certified by a professional body belonging to a specific profession by virtue of having completed a required course of study or practice, whose competence can usually be measured against an established set of standards.

A.Professional

Q. It is a right on property, real or personal, held by one party for the benefit of another. It may be created by will under which title to a property is passed to another for conservation or investment, with the income therefrom and ultimately the principal (object) to be distributed in accordance with the directions of the creator as expressed in the governing instrument.

A.Trust

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Write the word or phrase that best completes each statement or answers the question. Assume that...

Write the word or phrase that best completes each statement or answers the question. Assume that a simple random sample has been selected from a normally distributed population and test the given claim. Use either the traditional method or P-value method as indicated. Identify the null and alternative hypotheses, test statistic, critical value(s) or P-value (or range of P-values) as appropriate, and state the final conclusion that addresses the original claim. 1) A large software company gives job applicants a...

SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question....

SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. SCENARIO 8-3 To become an actuary, it is necessary to pass a series of 10 dogs, including the most important one, an dog in probability and statistics. An insurance company wants to estimate the mean score on this dog for actuarial students who have enrolled in a special study program. They take a sample of 8 actuarial students in this program and determine that...

Write the word or phrase that best completes each statement or answers the question.I f solute...

Write the word or phrase that best completes each statement or answers the question.I f solute A is actively transported across the basolateral membrane into the epithelial cell and then passively crosses the apical membrane, then is A (reabsorbed / secreted) across this epithelium.

Name___________________________________ SHORT ANSWER. Write the word or phrase that best completes each statement or answers the...

Name___________________________________ SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1) The probability that an employee at a company eats lunch at the company cafeteria is 1) 0.32. The probability that an employee is female is 0.62. The probability than an employee eats lunch at the employee cafeteria and is female is 0.21. What is the probability that a randomly chosen employee either eats at the cafeteria or is female? 2) In a...

SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question....

SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Data were collected on the number of people entering an electronics store each hour. The data are presented below. 23 35 42 28 29 17 38 21 49 52 46 37 25 49 37 25 28 13 29 43 1) Construct a stem-and-leaf display of the data. 1) 2) Construct a frequency distribution of the...

Circle the appropriate word or phrase in each of the italicized groups. Recently the price of...

Circle the appropriate word or phrase in each of the italicized groups. Recently the price of good A doubled. This resulted in the quantity of good B sold having a minimal (+5%) increase and the price of good B going up substantially (+50%). This suggests that goods A and B are [[ complimentary goods / substitute goods / luxury goods]]. And that, prior to the increase in good A’s price, production of good B was [[below capacity / at or...

Fill in each blank with the best word or phrase selected from the list below. Not...

Fill in each blank with the best word or phrase selected from the list below. Not all words or phrases will be used; each word or phrase can be used only once. aerobic ROS Gram-negative selective enrichment biofilm Gram-positive opportunistic anaerobic flavonoid Nod-factor quorum sensing fermentation The formation of a symbiosis between bacteria and its eukaryotic host is typically highly species-specific and therefore requires ____________________ on the part of the host. For the squid, this involves modifying its mucous...

Add a new function that takes a phrase as an argument and counts each unique word...

Add a new function that takes a phrase as an argument and counts each unique word in the phrase. The function should return a list of lists, where each sub-list is a unique [word, count] pair. Hint: A well-written list comprehension can solve this in a single line of code, but this approach is not required.

A palindrome is a word or a phrase that is the same when read both forward and backward.

6.7 LAB: PalindromeA palindrome is a word or a phrase that is the same when read both forward and backward. Examples are: "bob," "sees," or "never odd or even" (ignoring spaces). Write a program whose input is a word or phrase, and that outputs whether the input is a palindrome.Ex: If the input is:bobthe output is:bob is a palindromeEx: If the input is:bobbythe output is:bobby is not a palindromeHint: Start by removing spaces. Then check if a string is equivalent to it's reverse.This is my code:s =...

A palindrome is a word or phrase, which reads the same backward or forward. Write a...

A palindrome is a word or phrase, which reads the same backward or forward. Write a program that prompts the user for a string of characters terminated by a period and determines whether the string (without the period) is a palindrome. IMP: Assume that the input contains only letters and blanks. Assume also that the input is at most 30 characters long. Use an array of characters of size 30 to store the input! Disregard blanks when deciding if the...

Subjects