Identify Which of the Following Statements Is True

question 97

Multiple Choice

Identify which of the following statements is true.

• A) Distributable net income (DNI) is not reduced by the charitable contribution deduction when calculating the deductible discretionary distributions for a complex trust.
• B) In a complex trust, distributable net income (DNI) does not act as a ceiling on the amount of the distribution deduction.
• C) In a complex trust, distributable net income (DNI) is not reduced by the charitable contribution deduction when comparing DNI with the mandatory distributions in order to determine the amount of the distribution deduction.
• D) All of the above are false.

---

Definitions:

Individualistic Society

An individualistic society emphasizes personal independence and the self over social cohesion and collective well-being.

Ghana

A country located along the Gulf of Guinea and Atlantic Ocean, in West Africa.

Behavioral/Social Learning

Behavioral/social learning theory posits that behaviors are learned through observing and imitating others, as well as through environmental reinforcements and punishments.

Environmental Determinants

Factors within one's surroundings that significantly impact an individual's development, behavior, and wellbeing.