A Trust Has Net Accounting Income of $15,000

question 66

Multiple Choice

A trust has net accounting income of $15,000. In addition, the trust has a $10,000 capital gain, which is not included in net accounting income. The trust is required to distribute the trust income to the beneficiary. The beneficiary will receive

• A)$10,000.
• B)$15,000.
• C)$24,700.
• D)$25,000.

---

Definitions:

Maltreated

Subjected to cruel or violent treatment, especially on a regular basis.

Brain Pathways

Neural pathways in the brain responsible for processing and transmitting information through interconnected neurons.

Centration

A cognitive limitation in early childhood, where a child can only focus on one aspect of a situation at a time.

Conservation

In cognitive development, the understanding that certain properties of objects or substances remain the same even when their appearance changes.