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Q15. An S-corp with positive AAA pays $25,000 cash distributions and has sufficient shareholder basis. Which item simultaneously reduces both AAA (to the extent of AAA) and the shareholder’s stock basis? A. Distributions B. Nondeductible penalties C. Tax-exempt income D. Section 179 deduction

Q14. A shareholder has zero stock basis and $9,000 remaining debt basis. The S-corp allocates a $26,000 ordinary loss, and the shareholder is fully at risk. How much of the loss is deductible under basis rules? A. $0 B. $9,000 C. $17,000 D. $26,000

Q23. An S-corp has positive AAA and incurs ordinary losses, nondeductible expenses, and cash distributions. Under AAA rules, which item cannot reduce AAA below zero? A. Nondeductible expenses B. Ordinary losses C. Distributions D. Section 179 deduction

Q13. An S-corp recognizes $40,000 of tax-exempt municipal bond interest and incurs $6,000 of related nondeductible expenses. Which item increases shareholder basis without increasing AAA (tracked instead in the Other Adjustments Account)? A. Gain on appreciated property B. Ordinary income C. Tax-exempt income D. Nondeductible expenses

Prosecutors may dismiss or reduce charges as part of plea negotiations.

Which statement best describes the community policing model?

Which factor is commonly used to assign an inmate to higher security housing?

Police discretion allows officers to choose among several reasonable options when handling an incident.

The judge’s primary role in the adversarial system is to enforce courtroom procedure and ensure fairness.

Describe the purpose of inmate classification inside correctional institutions. Identify at least two factors used in classification and explain why proper classification matters for safety and management.