Business, 13.10.2019 23:50 dillongivenstheman

Which of the following statements about the federal application for student aid (fafsa) is true? ayou can only apply online. bthe earliest you can submit your fafsa application is december 1st. cthe irs data retrieval tool allows you to view and transfer your tax information directly into your fafsa form. dboth a & b are true.

Answers: 2

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Answers

Answer from: vale2652

C. the irs data retrieval tool allows to view and transfer your tax information directly into your FAFSA form

Answer from: kookycookiefanx

C is the correct option.

The IRS Data Retrieval Tool allows you to view and transfer your tax information directly into your FAFSA form is the correct statement about the federal application for student aid.

Further explanation:

FAFSA:

FAFSA is a Free Application for Federal Student Aid (FAFSA) provided by the United States for federal students in order to get financial help or financial aid for the students of the college.

Justification for the correct and incorrect

A. You can only apply online: This option is incorrect.

FAFSA can also be applied offline, for those students who prefer to fill the paper form.

B. The earliest you can submit your FAFSA application is December 1st: This option is incorrect.

The earliest submission of the FAFSA application is from October 1 and the deadline would be till June 30.

C. TheIRS Data Retrieval Tool allows you to view and transfer your tax information directly into your FAFSA form: This option is correct.

The internal revenue service data retrieval tool (IRS DRT) allows viewing and transferring the tax information directly into the FAFSA form, as it allows the parents and the students who have filed US tax return to fill their FAFSA form easily by accessing the data to complete the FAFSA application.

D. Both A& B are true: This option is incorrect.

Since the option A and option B are incorrect, so this option will also be incorrect.

Thus, the federal application for student aid provides the IRS data retrieval tool allows to view and transfer the tax information directly into the FAFSA form easily.

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Answer details:

Grade: High School

Subject: Business

Chapter: FAFSA

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

True i took the test already

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Which of the following statements about the federal application for student aid (fafsa) is true? ay...