Which of the following is a true statement? -a casualty loss can only occur from storm damage.-personal casualty losses can only be deducted to the extent that aggregate casualty losses exceed 10 percent of agi after applying a $100 per incident deduction.-individual casualty losses are only deductible if each individual loss exceeds $5,000.-uninsured thefts of personal assets are not included with casualty losses.-all of the choices are true.

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.