iWriteGigs

Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Final Exam

Navigation   » List of Schools  »  Glendale Community College  »  Accounting  »  Accounting 150 – Principles of Income Taxation  »  Fall 2021  »  Final Exam

Need help with your exam preparation?

Below are the questions for the exam with the choices of answers:

Question #8
A  Distributions from defined benefit plans are partially taxable as ordinary income and partially nontaxable as a return of capital.
B  Distributions from defined benefit plans are partially taxable as capital gains and partially nontaxable as a return of capital.
C  Distributions from defined benefit plans are fully taxable as ordinary income.
D  Distributions from defined benefit plans are fully taxable as capital gains.
Question #13
A  tax avoidance.
B  tax evasion.
C  None of the choices are correct.
D  income shifting.
E  conversion.
Question #15
A  None of the choices are correct.
B  $23,000
C  $18,998
D  $20,790
E  $25,300
Question #18
A  12.00 percent
B  13.06 percent
C  15.51 percent
D  11.34 percent
E  None of the choices are correct.
Question #23
A  Refundable, nonrefundable personal, business
B  Business, nonrefundable personal, refundable
C  Refundable, business, nonrefundable personal
D  Nonrefundable personal, business, refundable
Question #28
A  Taxpayers may only deduct interest on up to $1,500,000 of home acquisition indebtedness.
B  The deduction for investment interest expense is not subject to limitation.
C  None of the choices are true.
D  A taxpayer who incurs acquisition indebtedness in 2018 may only deduct interest on up to $750,000 of home acquisition indebtedness.
E  Taxpayers may deduct interest on up to $1,000,000 of home-equity debt.
Question #29
A  None of the choices are correct.
B  Norma can deduct $10,000 of taxes as an itemized deduction.
C  Even if Norma has no other itemized deductions, she should claim the standard deduction.
D  Norma can deduct $11,200 of real estate taxes as an itemized deduction.
E  Norma can deduct $9,500 of state income taxes as a for AGI deduction.
Question #30
A  Real estate taxes on a residence.
B  None of the choices qualify as an itemized deduction.
C  Gasoline taxes on personal travel.
D  State, local, and foreign income taxes.
E  Personal property taxes assessed on the value of specific property.
Question #31
A  Medical expenses reimbursed by health insurance.
B  The cost of elective cosmetic surgery.
C  Medical expenses incurred to prevent disease.
D  None of the costs are deductible.
E  The cost of prescription medicine and over-the-counter drugs.
Question #32
A  The tools and supplies are an itemized deduction but the health insurance is deductible for AGI.
B  The tools and supplies are deductible for AGI while the health insurance is an itemized deduction.
C  Neither of the expenditures is deductible.
D  Both expenditures are itemized deductions.
E  Both expenditures are deductible for AGI.
Question #34
A  Taxpayers with high income are not allowed to contribute to traditional IRAs.
B  Once a taxpayer reaches 55 years of age she is allowed to contribute an additional $1,000 a year.
C  Taxpayers who participate in an employer-sponsored retirement plan are allowed to deduct contributions to a traditional IRA regardless of their AGI.
D  A single taxpayer with no earned income is not allowed to deduct contributions to traditional IRAs.
Question #36
A  Harriet will be allowed to deduct all of the mortgage interest on the loan secured by the property.
B  Harriet is required to include all of the rental receipts in gross income.
C  Harriet is required to allocate all expenses associated with the home to rental use or personal use.
D  Harriet’s deductible expenses are not limited to the amount of gross rental income from the property.
Question #38
A  Shauna is 56 years of age and retired when she receives the distribution.
B  Shauna is 60 years of age but not yet retired when she receives the distribution.
C  Shauna is 58 years of age but not yet retired when she receives the distribution.
D  Shauna is 69 years of age but not yet retired when she receives the distribution.
Question #39
A  None of the choices are correct.
B  Janine recognizes $200 of imputed compensation income.
C  Janine recognizes $200 of imputed dividend income.
D  Janine’s employer recognizes $200 of deductible interest expense.
E  Janine recognizes $200 of taxable interest income.
Question #42
A  A loss is realized when stock options lapse.
B  Income recognized on the exercise date is greater for incentive stock options than nonqualified options.
C  The bargain element on a nonqualified option is taxed to employees at capital gain rates.
D  There is typically no tax effect on the grant date.
Question #43
A  the appropriate tax rate schedule or tax table.
B  the AGI threshold for reductions in certain tax benefits.
C  the applicable standard deduction amount.
D  the top-stated marginal rate in the tax rate schedule.
Question #46
A  Charitable contributions.
B  Rental and royalty expenses.
C  Contributions to qualified retirement accounts.
D  Business expenses for a self-employed taxpayer.
Question #49
A  Adjusted gross income ≥ gross income ≥ taxable income
B  Gross income ≥ adjusted gross income ≥ taxable income
C  Adjusted gross income ≥ taxable income ≥ gross income
D  Gross income ≥ taxable income ≥ adjusted gross income
Question #52
A  is particularly restrictive for accrual-basis taxpayers.
B  causes income to be recognized before it is actually received.
C  applies equally to income and expenses.
D  None of the choices are correct.
E  causes income to be recognized after it is actually received.
Question #54
A  $8,720
B  $8,000
C  None of the choices are correct.
D  $7,370
E  $6,736
Question #55
A  2nd Circuit or the Federal Circuit
B  Federal Circuit
C  None of the choices are correct.
D  2nd Circuit
E  1st Circuit
Question #56
A  None of the choices are correct.
B  October 15th.
C  September 15th.
D  November 15th.
E  August 15th.
Question #61
A  None of the choices are correct
B  Equity
C  Certainty
D  Convenience
E  Economy
Question #62
A  Economy
B  Equity
C  Convenience
D  None of the choices are correct
E  Certainty
Question #63
A  Regressive tax rate structure
B  Proportional tax rate structure
C  Progressive tax rate structure
D  U.S. federal income tax
E  None of the choices are correct