ACC 401 ASSIST Extraordinary Success/acc401assist.com ACC 401 ASSIST Extraordinary Success/acc401assist - Page 7

FOR MORE CLASSES VISIT www.acc401assist.com QUIZ 1 1) Under the cash receipts and disbursements method, the taxpayer reports income in the year: 2) What item should not be included in income? 3) Which of the following statements is true with respect to marginal and average tax rates? 4) In terms of dollars, wage earning taxpayers will normally pay the majority of their tax liability: 5) Income may be realized in the form of: