Which of the Following Items Will Result in an Inclusion

question 8

Multiple Choice

Which of the following items will result in an inclusion in gross income?

• A)A 10% stock dividend for all shareholders is declared by the board of directors of a publicly-traded corporation.Mel receives 10 shares of stock worth $1,000.
• B)Due to the discovery of oil beneath Finn's land,the value of Finn's land increases $1,000,000.
• C)Jane receives a check from her stock broker for $50,000 due to the sale of stock purchased five years ago for $60,000.
• D)George won $50 at his church's bingo game night.

---

Definitions:

μ ≠ 3

Symbolic representation in hypothesis testing indicating that the population mean is not equal to 3, suggesting a two-tailed test.

Assumption

A basic condition that is accepted as true without proof in order to proceed with a calculation, argument, or analysis.

Non-directional Alternative Hypothesis

An alternative hypothesis that does not specify the direction of the expected difference or relationship, only that one exists.

Null Hypothesis

A hypothesis that states there is no statistical significance between two variables being studied.