What is the general path taken by a bill on its way to becoming a law?

a. Always starts on the Senate floor with debate, then to committee for revision, then to the House of Representatives and finally to the President to be signed.

b. Can start in either the Senate or the House of Representatives, with debate "on the floor," then to the President for revisions, and finally to committees for a vote.

c. Can start in either the Senate or the House of Representatives, in the appropriate committee, then to both houses of Congress for a general vote, then to the President to sign.

d. Always starts in a committee in the House of Representatives, then to a committee in the Senate, then to the Supreme Court for revisions, and finally to the full Senate for a vote.

c

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A deferred tax asset represents the:

a. decrease in taxes saved in future years as a result of a deductible temporary differences b. decrease in taxes payable in future years as a result of deductible temporary differences c. increase in taxes payable in future years as a result of deductible temporary differences d. increase in taxes saved in future years as a result of deductible temporary differences

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Legacy systems are built around the idea of "best practices."

Indicate whether the statement is true or false

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