QUESTION TWO Which of the following is NOT the role of zakah as a social security instrument. A ) The state government appoints Kasim to distribute zakat to the people affected by the flood living in his village. B ) Fatimah received capital assistance to start a chips business as part of the zakat center's efforts to improve her standard of living out of poverty. C ) Due to COVID-19 for the last two years, Ahmad has lost his job and now selling scrap metal for a living. However, he is only able to earn RM15 per day. D ) Zaki has made a financing with a bank to run a business. Total of the financing is RM1 million. Suddenly, his business fails. Now he is trying to repay the financing and it is really hard as he has no other income.

QUESTION TWO Which of the following is NOT the role of zakah as a social security instrument. A ) The state government appoints Kasim to distribute zakat to the people affected by the flood living in his village. B ) Fatimah received capital assistance to start a chips business as part of the zakat center's efforts to improve her standard of living out of poverty. C ) Due to COVID-19 for the last two years, Ahmad has lost his job and now selling scrap metal for a living. However, he is only able to earn RM15 per day. D ) Zaki has made a financing with a bank to run a business. Total of the financing is RM1 million. Suddenly, his business fails. Now he is trying to repay the financing and it is really hard as he has no other income.

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter5: Introduction To Business Expenses

Section: Chapter Questions

Problem 42P

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