Which of the Following Applies to a Simple Trust

question 101

Multiple Choice

Which of the following applies to a simple trust?

• A)It has a $100 personal exemption on its income tax return
• B)It is required to make annual charitable contributions
• C)It must distribute its accounting income to its beneficiaries annually
• D)The trustee must distribute capital gain income

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Tempo

The speed at which a piece of music is played or the pace of an activity.

Eye Level

A viewpoint or camera angle positioned at the height of the observer's eyes, creating a direct and personal perspective.

Waist Level

a height corresponding to the part of the body around the waist, often used in reference to the perspective in photography or the height of furniture.

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