Examlex
Which of the following statements is true of competency models?
Gross Income
Total income from all sources before deductions, exemptions, and taxes.
Insured
A person or entity covered under an insurance policy, providing protection against specified risks or losses.
Taxable Income
Income subject to tax, after deductions and exemptions, according to federal or state law.
Alimony Payments
Payments made to a spouse or former spouse under a divorce or separation agreement, possibly subject to special tax treatment.
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