If a nation is utilizing a fixed exchange rate, the world bank is responsible for exchanging domestic and foreign currency as needed to meet supply and demand.
What is meant by fixed exchange rate?A fixed exchange rate is a system used by a government or central bank that links the value of the nation's official currency to the currency of another nation or the price of gold. A fixed exchange rate system's goal is to maintain a currency's value within a specific range.
A nominal exchange rate that is firmly established by the monetary authority with regard to a foreign currency or a basket of foreign currencies is known as a fixed exchange rate. A floating exchange rate, in contrast, is established on foreign exchange markets based on supply and demand and typically changes continually.
Read more on fixed exchange rate here: https://brainly.com/question/19913372
#SPJ1
the state of texas has one of the highest sales tax rates in the nation at 6.25 percent. this – tax can have another – added to it to help fund county and local governments.
the state of Texas has one of the highest sales tax rates in the nation at 6.25 percent. this regressive tax can have another 2% added to it to help fund county and local governments.
regressive taxThis tax system is stationary, as opposed to progressive taxes, where the tax rate increases with peoples' income levels. It is assessed as a percentage of goods and services without taking into account who uses the goods and services.
To know more about regressive tax visit the link
https://brainly.com/question/21404149
#SPJ4
A financial statement that reports the value of a business’s assets, liabilities, and owner’s equity on a specific date.
a. True
b. False
The statement is false ,
An accounting document known as a balance sheet lists an organization's assets, liabilities, and owners' equity as of a certain date.
Financial statement: What is it?The statement that tracks and analyses company transactions from the beginning of the firm to the present is referred to as the financial statement. It is ready to comprehend and access the company' performance for use in making future decisions.
The asset and the liability represent the company's financial performance, and the balance sheet displays the company's financial situation as of a specific date.
Where the term "asset" refers to what the firm owns and the term "liability" refers to what the company owes.
The balance sheet also shows the equity of the firm, i.e., the capital induced in the company.
The balance sheet is made at year-end on a specific date. The balance sheet also reveals the firm's position on that date by accessing another financial statement like profit and loss account and cash flow statement.
A balance sheet is a financial statement that reports assets, liabilities, and owners' equity on a specific date.
To know more about Balance sheet click :
brainly.in/question/243341
#SPJ4
which of the following is not one of the four key strategies for achieving a win-win solution through negotiation? a. insist that results be based on objective standards. b. focus on underlying interests, not current demands. c. separate the people from the problem. d. keep the demands at the center. e. listen and ask questions
One of the fundamentals of principled negotiation is to be open and honest.
What, for instance, does negotiating mean?The process of talking with someone to come to an agreement, or the discussion themselves: After several challenging conversations, an agreement was reached. The particular parameters of the agreement were being negotiated. The pay rise will probably be negotiated for a few weeks.
What does negotiating serve to achieve?Goal of the Negotiation
It is a method for resolving conflicts amicably, for reaching consensus when the decision-makers have divergent viewpoints, or for pursuing your own goals in spite of those of the other participants.
To know more about negotiation visit:
https://brainly.com/question/15794581
#SPJ4
for the optimal schedule, what is the total number of hours required to complete these jobs? multiple choice 19 hours 21 hours 22 hours 20 hours 23 hours
Choice 21 hours is correct. The whole wide variety of hours required to complete these jobs.
What is meant by using hours of work?Normal hours of work are the hours of work constant by means of or in pursuance of legal guidelines or regulations, collective agreements or arbitral awards, or the quantity of hours in extra of which any time worked is remunerated at additional time rates.
How do you ask for hours cut?Express that you revel in your job and would like to stay with the company, but you are asking for a reduction in hours.] [Detail your modern agenda and a time table that might work better for you instead. If applicable, grant reasoning for the reduction in hours.
Learn more about hours here:
https://brainly.com/question/302808#SPJ4too young, incorporated, has a bond outstanding with a coupon rate of 6.6 percent and semiannual payments. the bond currently sells for $1,926 and matures in 18 years. the par value is $2,000. what is the company's pretax cost of debt?
The company's pretax cost of the debt is 6.40%.
What is debt?Debt is an obligation that requires one person, the debtor, to give money or another agreed-upon value to a different party, the creditor. Debt is different from a purchase that is made right away in that it calls for a deferred payment or series of payments. A person, business, local authority, or a sovereign state or nation may be responsible for the debt. Contractual agreements frequently specify how much money must be repaid, when, and in what amount for commercial debt. Loans, bonds, notes, and mortgages are only a few examples of the various types of debt. In contrast to equity, debt is considered a type of financial transaction in financial accounting. The word can also metaphorically refer to moral obligations and other interactions without a monetary value.
Pretax cost of the debt = (NPER; PMT;-PV;FV;type)
Pretax cost of the debt = Rate (44, 62, -1954, 2000, 0) * 2
Pretax cost of the debt = 3.20 * 2
Pretax cost of the debt = 6.40%
To learn more about debt, visit:
https://brainly.com/question/19131751
#SPJ4
the term improvements, when referring to real estate, includes a) trees. b) sidewalks. c) shrubbery. d) lawns.
The term improvements, when referring to real estate, includes option b) sidewalks.
What improvements add value to a property?Before thinking about extending, improve the current layout. The main living areas, such as the kitchen, dining area, and living area, as well as how they interact with one another, can be improved to bring the most value.
Any permanent, beneficial change to land that raises the value of the property is referred to as an improvement in property and real estate law. An improvement will make the land better, raise its worth, and enable the proprietor to use the property profitably.
Therefore, one can say that the route that runs beside a street, highway, or terminal is referred to as a footway, sidewalk, pavement, or footpath in Australia, India, New Zealand, and Ireland. It is made for pedestrians and is typically made of concrete, pavers, brick, stone, or asphalt.
Learn more about real estate from
https://brainly.com/question/1534216
#SPJ1
the process of firms buying and selling the right to pollute is an example of which type of environmental regulation?
Market-based is the process of firms buying and selling the right to pollute environmental regulation.
What is environmental Policy?An organisation or business may adopt an environmental policy as a management strategy to cope with the environment and natural resources. This needs to start with an environmental commitment, a statement that should regulate all business operations and include the fundamental principles of environmental policy.A government's or organization's adherence to environmental-related laws, rules, and other policy processes is known as its environmental policy. These problems typically involve waste management, ecosystem management, maintenance of biodiversity, management of natural resources, wildlife and endangered species, air and water pollution, and waste management.This policy can be used consciously to guide human behaviour and avert negative consequences on the biophysical environment and natural resources, as well as to ensure that environmental changes don't have an adverse impact.
To learn more about environmental policy refer to:
https://brainly.com/question/3316812
#SPJ4
100 POINTS WILL MARK BRAINLIEST PLS HELP
Answer:
B
Explanation:
the olmecs
good luck! and pls make me the brainliest
Answer:
The Olmecs
Explanation:
Hope this helps!!
true or false? a successful business impact analysis (bia) maps the context, the critical business functions (cbfs), and the processes on which they rely.
The key components of a successful business impact analysis (bia) are a map of the context, the critical business functions (cbfs), and the processes they depend on.
What is business impact analysis (bia)?A business impact analysis (BIA) predicts the consequences of disruption of a business function and process and gathers information needed to develop recovery strategies. Potential loss scenarios should be identified during a risk assessment. Operations may also be interrupted by the failure of a supplier of goods or services or delayed deliveries. There are many possible scenarios which should be considered.Identifying and evaluating the impact of disasters on business provides the basis for investment in recovery strategies as well as investment in prevention and mitigation strategies.The BIA should identify the operational and financial impacts resulting from the disruption of business functions and processes.To learn more about strategies refer to:
https://brainly.com/question/25853349
#SPJ4
if the foreign exchange rate is the price in foreign currency for a dollar, then the exchange rate quotes is called
If the foreign exchange rate is the cost of buying a dollar in a foreign currency, the exchange rate quote is known to as an indirect quote.
What is meant by foreign exchange rate?The rate at which one currency can be converted into another is known as the foreign exchange rate. Currency pairs are always traded on the foreign exchange market, and exchange rates always involve two different currencies. Almost 90% of all currency exchanges in 2019 involved the U.S. dollar, according to data from the Bank for International Settlements, a financial organization that serves as a bank to central banks all around the world.
Currency rate adjustments can have a significant impact on the investment power of various markets because businesses are establishing larger international relationships and investors. Investors must understand how their investment will alter as their currency fluctuates. Multinational corporations often prepare all of their financial statements in a single reporting currency. For instance, US businesses must generate a balance sheet, an income statement, and other reports in US dollars.
To learn more about foreign exchange rate refer to:
https://brainly.com/question/2202418
#SPJ4
true or false: the standard oil case left open an important question about whether every monopoly is in violation of section 2 of the sherman act or only those created or maintained by the government are in violation of it.
The given statement ''the standard oil case left open an important question about whether every monopoly is in violation of section 2 of the sherman act or ... '' is false.
What is section 2 of the sherman act?Any person who "monopolizes, attempts to monopolizes, combines or conspires with any other person or people to monopolize any part of the trade or commerce among the various States, or with foreign nations," as defined in Section 2 of the Sherman Act, is prohibited.The Sherman Act's Section 2 regulates unilateral anticompetitive behaviour by powerful corporations, or monopolisation, whereas Section 1 regulates multilateral trade prohibitions. 'Bigness' by itself is not forbidden under Section 2.The Sherman Antitrust Act has two key clauses that forbid interfering with trade and economic competition and that make any effort to monopolies a particular area of trade or commerce unlawful.Learn more about Sherman Act refer to :
https://brainly.com/question/2125202
#SPJ4
a variable that predicts what will happen with the sales of another product is referred to as that product's:
Leading Indicator is a variable that predicts what's going to occur with the income of some other product is known as that product's.
What is a main indicator?
A piece of records or a collection of statistics associated with the financial system which could are expecting destiny motion or alternate within side the financial system is called a main indicator. Future occasions and developments in business, markets, and the financial system may be expected and projected with the usage of financial main indicators. An instance of a main protection indicator could be the percentage of people carrying tough helmets on production sites. A main indication is a expected measurement. A lagging protection indicator is probably the wide variety of injuries on a production site, that's an output measurement. Items like newly generated accounts, leads or possibilities, and received possibilities are examples of main indicators.
Won possibilities, misplaced possibilities, received quantities, and misplaced quantities are examples of lagging indicators.
To learn more about leading indicators click,
https://brainly.com/question/1357308
#SPJ4
a father is now planning a savings program to put his daughter through college. she is 10, plans to enroll at the university in 8 years, and should graduate 4 years later. currently, the annual cost (for everything is $15,000, but these costs are expected to increase by 5% annually. the college requires total payment at the start of the year. she now has $10,000 in a college savings account expected to earn 10%. her father will make 8 equal annual deposits into her account; the first deposit today and the eighth on the day she starts college. how much must each of the 8 payments be?
The father will need to make 8 payments of $250.10 each. The payment is the amount that should be paid.
To calculate the amount of each payment, we need to determine the total cost of the college education and the amount of money that will be in the college savings account when the daughter starts college.
First, let's calculate the total cost of the college education. The cost is currently $15,000 per year, and it is expected to increase by 5% annually. The daughter will be in college for 4 years, so the total cost of the education will be:
$15,000 * (1 + 0.05)^4 = $22,936.81
Next, let's calculate the amount of money that will be in the college savings account when the daughter starts college. The account currently has $10,000, and the father will make 8 equal annual deposits. The account is expected to earn 10% annually, so the balance after 8 years will be:
$10,000 * (1 + 0.10)^8 = $25,937.42
To pay for the entire cost of the education, the father will need to make 8 payments of:
($22,936.81 - $25,937.42) / 8 = $-2,000.81 / 8 = $-250.10
So, the father will need to make 8 payments of $250.10 each.
Learn more about payment, here https://brainly.com/question/15136793
#SPJ4
kasey deposits money in an account that earns 5% simple interest. he earned 546$ in interest 2 years later. how much did he deposit
Kasey makes a deposit into a savings account with 5% basic interest. Two years later, he received $546 in interest. This amount, $5460.00, was deposited.
Simple interest: What is it?Simple interest rates are calculated based on a loan's principal or the initial deposit into a savings account. Because simple interest doesn't compound, a creditor will only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.
Let x represent the opening down payment (principle amount).
Due to the fact that this occurs over a two-year period, the total interest earned is: 5/100*2=1/10. (You can not do this with compound interest)
Therefore, 1/10*x=$546.
10 times both sides equals $5460.
To know more about simple interest visit:
https://brainly.com/question/25845758
#SPJ4
A company spot-checks every tenth product that comes off the assembly line to make sure that it meets standards. This is an example of ________.
Answer:
Quality Control
Explanation:
They use this method to make sure that the products that they are making are up to there standards by taking samples which is how they test three batches
what are the net cash flows from financing activities that will be reported in the statement of cash flows? (enter net cash outflows with a minus sign.)
The net cash flows used to fund the business are shown in the cash flow from financing activities (CFF) section of a company's cash flow statement.
Financing activities include deals involving debt, stock, and dividends. The cash flow activities known as "operating activities" are those that either produce income or keep track of the funds used to produce a good or service. Net cash flow is a profitability indicator that shows how much money a company made or lost during a specific time period. The difference between the cash inflows and financing of your company may often be used to calculate net cash flow.
To learn more about cash flow, click here.
https://brainly.com/question/28238360
#SPJ4
which type of government entity is typically most dependent on nontax revenues for provision of services?
The city form of government entity is usually most passionate about non-tax revenues for provision of services.
What is government?⇒ An organized community is ruled by a system or assortment of individuals referred to as a government, that is usually a state. Government usually consists of the legislative, executive, and judicial branches within the case of its broad associative definition. Government may be a tool for creating policy selections moreover as the simplest way to enforce structure policies. A declaration of the government's guiding principles and philosophy is that the equivalent of a form of constitution in several nations. The term "government" is often used additional specifically to visit the roughly two hundred freelance national governments and subsidiary organizations, even supposing all organizations have governance. fashionable democracies, monarchies, and authoritarian and totalitarian regimes area unit the most kinds of political systems.
To learn more about government, visit:
brainly.com/question/1078669
#SPJ4
build a solver model and decide how many lava and graystone models to manufacture in order to maximize profit. what is the total number of hours used for fabrication?
The fabrication department has 8 skilled workers, each of whom works 9.25 hours per day. The finishing department has 5 workers, each of whom works a 6-hour shift per day.
What is fabrication department?Fabrication, which includes a variety of techniques and materials like metal, laminates, wood, and other solid surface materials, is the process of creating an item from a variety of parts.The processes involved can include stamping, welding, cutting, bending, and assembling procedures, which are frequently used in relation to metal fabrication.Fabrication can be done manually, just like other manufacturing processes, but nowadays, it's more common to automate the process using computer-aided designs (CAD) that can be programmed into CNC technologies that can speak directly to machines on the shop floor, cutting lead times, costs, and material usage while increasing accuracy and quality.To learn more about CAD refer to:
https://brainly.com/question/28820108
#SPJ4
ean and jenny are married, file a joint return and have two dependent children, blake, age 9 and jake, age 5. sean has earned income of $72,000. jenny was a full-time student (for nine months) with no income. they paid a qualified day care center $7,000. what amount of child and dependent care credit can sean and jenny receive for 2021?
Sean and Jenny are eligible for a $900 kid or family care credit, according to the information provided.
What are an example and income?Income is the cash that such a individual or organization receives in return for working, producing an item or service, or using capital. People normally make money through wages or salaries, but corporations make money by offering products or services for more than it costs to produce them.
Briefing:According to the IRS, the child and disability payments credit ranges at 20% and 35% of a child's eligible expenses up to $3,000. For 2 or more children under the age of 13, the maximum loan sum is $6000. The eligible hospital costs will be $6,000 for two or more children, whichever is less.
Both spouses must have earned money in order to qualify for child care credit. Jenny's annual income is considered to be $6,000, which is the maximum allowed.
Jenny's deemed earned income is therefore $4,500 (500 x 9)
The earning income of a spouse will be the exclusive source of qualifying child expenses. For instance, debtor of 6000 versus 4500.
Therefore, (4500 * 20%) = $ 900
To know more about Income visit:
https://brainly.com/question/17961582
#SPJ4
The complete question is-
Sean and Jenny are married, file a joint return and have two dependent children, Blake, age 9 and Jake, age 5. Sean has earned income of $72,000. Jenny was a full-time student (for nine months) with no income. They paid a qualified day care center $7,000. What amount of child and dependent care credit can Sean and Jenny receive? (Points : 1) $600. $900. $1,000. $1,200.
what happens to the equilibrium price and quantity when a country sets a low or medium tariff or import quota?
When a country sets a low or medium tariff or import quota, the equilibrium price and quantity will be somewhere between those that prevail with no trade and those with completely free trade.
A tariff is a tax imposed by the government of a country or a supranational union on the import or export of goods. Besides being a source of government revenue, import taxes can also be a form of foreign trade regulation and a policy of taxing foreign goods to encourage or protect domestic industry.
Price can be fixed. Tariffs on imports mean that people are less likely to buy them because they become more expensive. Instead, the aim is for them to buy local products, thereby boosting their country's economy. Thus, customs duties encourage production development and replace imports with domestic products. Customs duties are aimed at reducing foreign competition pressure and reducing the trade deficit.
To know more about Tariff here-
https://brainly.com/question/22685610
#SPJ4
which is not an example of demographic information that can help bring value to your buyer persona research? age range geographical location shoe size income range]
Demographic informations describe populations and their characteristics. Demographic analysis is the socieconomi studies of a population expressedd in statistic data.
What do you mean socioeconomic?A way of describing people based on their education, income, and type of job. Socioeconomic status is usually described as low, medium, and high. People with a lower socioeconomic status usually have less access to financial, educational, social, and health resources than those with a higher socioeconomic status.
What are socioeconomic examples?Social and economic factors, such as income, education, employment, community safety, and social supports can significantly affect how well and how long we live. These factors affect our ability to make healthy choices, afford medical care and housing, manage stress, and more.
To know more about socioeconomic visit: brainly.com/question/29733668
#SPJ4
which method of leadership encourages supervisors to establish a small number of trusted subordinates and give them special duties and privileges?
The democratic method of leadership encourages supervisors to establish a small number of trusted subordinates and give them special duties and privileges.
Democratic leadership, often referred to as participatory leadership or shared leadership, is a type of leadership where group members are involved in the decision-making process. Any institution, including the government, schools, and private corporations, may benefit from this kind of leadership. Everyone has the chance to engage, ideas are freely exchanged, and discussion is encouraged under a democratic leadership style. The democratic leader is still present to provide direction and control even though this approach frequently emphasizes group equality and the free exchange of ideas.
These people are real leaders who base their choices on their ideals and values. Additionally, they frequently seek out different viewpoints and do not work to silence dissenting or unpopular voices.
Learn more about leadership here: https://brainly.com/question/1232764
#SPJ4
which of the following best defines groupthink? a group process losses caused by strong conformity pressures in a group a group process loss that occurs when people do not work as hard in a group as they do alone a group process gain that is the result of effective brainstorming the tendency to overvalue the productivity of a group
The following best defines groupthink : A group process losses caused by strong conformity pressures in a group a group process loss that occurs when people do not work as hard in a group as they do alone a group process gain that is the result of effective brainstorming the tendency to overvalue the productivity of a group.
Groupthink is a phenomenon that takes place when a collection of individuals reaches a consensus without critical reasoning or assessment of the effects or options. Groupthink is based on a commonplace desire no longer to disenchanted the balance of a group of humans.
Groupthink is a mental phenomenon that occurs within a set of human beings wherein the desire for concord or conformity inside the group consequences in an irrational or dysfunctional decision-making final results.
Groupthink occurs while a set's pursuit of brotherly love and conformity limits creativity and diversity, disrupts the institution's capability to remedy problems and make selections, and overpowers the morality of individuals inside the organization.
Learn more about groupthink here : https://brainly.com/question/10206116
#SPJ4
you buy a wrist watch for $31.68, which included a 5.6% sales tax. you recieved a discount of 40% off the original price. what is the original price?
The original price of the watch is $20.07 after a discount and adding sales tax.
What is sales tax?A sales tax is a fee that is paid to the government when specified goods and services are sold. Typically, laws permit the vendor to charge the customer the tax at the time of purchase. Use taxes are typically used to describe taxes on goods and services that consumers pay directly to a governing authority. You must also pay sales tax, which is calculated as a percentage of the selling price of the items and services you buy. For instance, if you spend $400 on a new television and live in a region with a 7% sales tax, you would pay $28 in sales tax.
To learn more about sales tax click,
https://brainly.com/question/9437038
#SPJ4
during the scheduling of a project, a plant manager is told that she has 30 workers for 6 hours a day, 5 days a week. this is part of a(n) budget. a.labor b.master c.personnel d.space e.capital expenditure
During the scheduling of a project, a plant manager is told that she has 30 workers for 6 hours a day, 5 days a week. This is part of a(n) labor budget.
Explain the Labour Budget?Budgets for labour enable planning for the number of billable hours and cash that staff members will produce annually. When people may work longer than a typical work week, this is useful for estimating labour income. The Billable Summary reports then make use of these labour budgets.In order to arrange the payroll for all of those people, it helps you identify the workforce you will need to accomplish your goals. It aids in budgeting expenditures for seasonal employees in addition to normal staffing planning.To get an employee's labour cost per hour, add their gross salary to any associated costs (such as yearly overhead and payroll taxes) and divide by the number of hours they work annually.Learn more about Labour Budget refer to :
https://brainly.com/question/17255948
#SPJ4
The ______ account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and ______.
Current and Capital transfers(net transfers)
The current accountThe inflow and outflow of goods and services into a nation are represented by the current account. Public and private investment earnings are also deposited into the current account.
Capita Transfers
Transactions that involve the transfer of funds from the sale of one asset to another, the ownership of one asset from one economic unit to another, or the transfer of cash to enable the recipient to purchase another asset.
To know more about current accounts and capital transfers visit here:
https://brainly.com/question/28182592
#SPJ4
once you've deleted a property from your analytics account, how many days does it take for the property to be permanently deleted?
Once you've deleted a property from your analytics account,it will take 35 days for the property to be permanently deleted.
Whatdo you know about analytics account?
An Analytics account is a way to name and organise how you use Analytics to track one or more properties (e.g., websites, mobile apps, point-of-sale devices). Each Analytics user has access to at least one account, which they either created themselves or were granted access to by someone else. At least one property (such as a website) is tracked in each Analytics account. As demonstrated above, an Analytics account can be used to track a single property or many distinct ones, depending on the needs of its users.
A single Analytics account should be used to track a single web property. It is not currently recommended to track a single web property across multiple Analytics accounts.
So, the required answer is 35 days.
To learn more about Analytics Account:
https://brainly.com/question/8054748
#SPJ4
last year, danielle bought a bond for $1,000 that promises to pay $115 (11.5%) a year. this year, a person who buys a bond for $1,000 receives $120 (12%) a year. if danielle were to sell her (old) bond, its price would be
Danielle purchases a ties for $1000 and pays $115 through interest: another person purchases a bond for $1000 and receives a $80 = 80/1000 = 0.08%: if He sells her bond, she receives 115/0.08 = $1437.5.
What exactly is meant by "sell"?
If you buy a product and then sell it, you usually sell to someone else shortly after purchasing it in order to earn a profit. Transferring (goods) to or rendering (services) to another in the form of money; selling to a buyer for a price.
How do you market a product?
The Most Effective Online Selling StrategyLocate your products.Determine your niche market.Perform market research.Develop buyer personas.Brand your company.Create an e-commerce website.Set up payment, shipping, and communication processes.To know more about Sell visit:
https://brainly.com/question/22521384
#SPJ4
which one of the following best fits the fisher hypothesis? group of answer choices long-term interest rates are based on current inflation rates. nominal interest rates are inversely related to real rates. nominal interest rates tend to be relatively constant over time. future interest rates must be higher than current interest rates.
From the following, the one which best fits the Fisher hypothesis is that interest rates tend to be higher than the inflation rates.
The Fisher hypothesis, is said to state that the nominal interest rates tend to rise point- for-point with the expected inflation, which happens by leaving the real rate unaffected, and which is one of the cornerstones of neoclassical monetary theory.
However, for instance, in an economy without the taxes in which the demand for and the supply of lending is said to determine the equilibrium which is of real rate of interest.
Hence, the Fisher hypothesis was proposed by an economist named Irving Fisher.
To learn more about the inflation here:
https://brainly.com/question/29308595
#SPJ4
in what tax year can taxpayers expect to receive reporting documents, such as form 1099-b, proceeds from broker and barter exchange transactions, for digital assets?
Tax payer can expect to receive reporting documents, such as Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for digital assets in Tax Year 2023. (Option C).
What is Form 1099-B About?The 1099-B can be used to address capital gains and losses on your tax return. A profit from the selling of an object for more than you bought for it is typically regarded as a capital gain and may be taxed. It's also true in the other direction: if you sell something for less than you paid for it, you can have a capital loss that you might use to reduce your taxable capital gains or other income.
The usual method for paying capital gains taxes is to include Schedule D with your income tax return.
If required, the data from Form 1099-B can be used to complete Schedule D and Form 8949.
Learn more about form 1099-B here: https://brainly.com/question/29746342
#SPJ1
Complete Question Below:
In what tax year can taxpayers expect to receive reporting documents, such as Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for digital assets?
A)Tax Year 2021.
B) Tax Year 2022.
C)Tax Year 2023.
D) Tax Year 2024.
Correct Answer: Option C