When Kerri filed her 2020 tax return on April 15, 2021, she did not include...

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Accounting

When Kerri filed her 2020 tax return on April 15, 2021, she did not include a $2,000 bonus received from her employer on January 10, 2021, relating to her work performance during 2020. Which concept, construct, or doctrine supports Kerri's actions?

Question options:

  • Entity concept
  • Claimof-right doctrine
  • Armslength transaction concept
  • Substanceover-form doctrine
  • Constructive receipt doctrine

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