Insurance Proceeds Received Because of the Destruction of Property Are

question 95

Multiple Choice

Insurance proceeds received because of the destruction of property are

• A)included in gross income in all cases.
• B)excluded from gross income completely.
• C)included in gross income to the extent the proceeds are less than the adjusted basis of the replacement property.
• D)included in gross income only to the extent the proceeds exceed the adjusted basis of the replacement property.

---

Definitions:

Semi-Fowler's Position

A seating position where the patient is inclined at an angle between 15 to 45 degrees; often used to promote comfort and respiratory function.

Ingestion

The intake of food or other substances into the body through the mouth, the first step in digestion.

Sunburn

Skin damage caused by excessive exposure to ultraviolet rays, leading to redness and pain.

Sunbathing

The act of sitting or lying in the sun for the purpose of getting a tan or for relaxation.