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A friend must file an income tax return for the first time and assumes that it must be professionally prepared. Explain your friend's tax preparation

A friend must file an income tax return for the first time and assumes that it must be professionally prepared. Explain your friend's tax preparation and submission options.
What are 4 benefits provided by credit? Explain the risks of using credit.
What is a credit policy? Identify the common elements of a credit policy.

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