Sharisma Suffered a Serious Stroke and Was Admitted to a Nursing

question 68

Multiple Choice

Sharisma suffered a serious stroke and was admitted to a nursing home for 140 days.Nursing home charges,including physician fees and other related expenses were $63,000.Under Sharisma's long-term care insurance contract,she received reimbursements of $56,000.How much of the $56,000 reimbursement must be included in Sharisma's gross income in 2019?

• A)$0
• B)$4,200
• C)$56,000
• D)$7,000

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Definitions:

Probability

Is a measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Certainty

A state of being sure or confident about something without any doubt.

Uncertainty

The state of being unsure or not having all the information, which makes outcomes unpredictable.

Specific Result

A distinct outcome or effect that is the aim of an action or plan.