Question: Please help with these 4 MCQ. I will not rate good if you solve only 1 If your budget forecasts a shortfall in cash flow,

Please help with these 4 MCQ. I will not rate good if you solve only 1

Please help with these 4 MCQ. I will not rate good if

If your budget forecasts a shortfall in cash flow, the best way to use your budget is to O A. increase cash flows from all sources not previously recorded. O B. obtain credit in advance of the predicted shortfall C. eliminate all entertainment expenses for that period O D. build an emergency fund to prepare for the shortfall. mi tn O A. any remaining contribution room can be carried forward to subsequent years. O B. the interest rates are higher ( C. half of any contribution withdrawals may be re-contributed in subsequent years O D. half of the withdrawals from a TFSA are tax-free. Which of the following can be used to reduce your federal income taxes? O A. O B. Child support payments for a six year old Provincial income taxes C. Student loan interest O D. Real estate taxes Tax credits are used to reduce tax O A. when calculating total income. O B. by deducting them from total income. C. before you subtract all deductions. O D. after total taxes payable are calculated

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