Examples of Income Which Are Constructively Received Include All of the Following

question 9

Multiple Choice

Examples of income which are constructively received include all of the following except

• A)interest credited to a savings account.
• B)a check received after banking hours.
• C)a paycheck received from employer,when employer does not have funds in the bank to cover the check.
• D)dividends automatically reinvested in additional shares of the mutual fund.

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Definitions:

2° Alcohol

Also known as a secondary alcohol, it is an alcohol where the hydroxyl (-OH) group is attached to a carbon atom that is bonded to two other carbon atoms.

Organic Product

A chemical compound of organic origin, typically resulting from the chemical reactions of organic compounds.

Reaction

A process leading to the transformation of one set of chemical substances to another.

Acetophenone

An aromatic ketone with the simplest structure, used as a building block in organic synthesis and as a fragrance in the perfume industry.