Ac553: Final Exam Study Guidelines

AC553: FINAL EXAM STUDY GUIDELINES

The Final Exam leave alone be administered during Week 8. It consists of 16 multiple-choice questions (five points each) totaling 80 points and 10 essay questions (17 points each) totaling 170 points for a grand total of 250 points. It is a 3.5-hour exam. There are some basic calculations involved, so a simple calculator may be useful. Showing your counterfeit will count towards your overall(a) points, so make trusted that your answer consists of more than just numbers.

The Final Exam is cumulative. It covers all of the readings, lectures, threaded discussions, and homework assignments from Weeks 1-7. However, most of your preparation should focus on the following:

1. The assigned problems for Weeks 1-7
2. The threaded discussions from Weeks 1-7
3. Quizzes 1 and 2
4. The concepts that you wise(p) in the You Decide Projects 1 and 2

Also, make authoritative that you review the following concepts and examples:

TCO A: Demonstrate familiarity with the basic rudiments and forms of taxation and the underlying policy considerations that drive the imposition of income and former(a) taxes.

1. Schedule A tax deductions
2. U.S. valuate Court
3. U.S. District Court
4.



Tax evasion

TCO B: Illustrate the impact of taxation as a transaction cost, understand the importance and methods of research and planning to disparage tax liability, and describe the framework for tax compliance.

1. Taxation of corporations--Review job 14-5.
2. Schedule A charitable contributions and limitations
3. Forgiveness of debt-taxable and nontaxable

TCO C: rede and apply concepts and principles that measure taxable income derived from business activities; including choice of entity, methods of history for business income, issues of timing, and net operating losses.

1. Gross income
2. Exclusions from gross income

TCO D: To measure income derived from property held for business or investment, identify the disposition of such...If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper