Which of the Following Statements Is False

question 46

Multiple Choice

Which of the following statements is false?

• A) Unrealized capital gains are taxable.
• B) Realized capital gains are taxable.
• C) Tax-exempt investments are attractive to individuals with high tax liabilities.
• D) Returns comparisons should be made on an equivalent tax basis.
• E) Tax exempt investors prefer tax exempt investments.

---

Definitions:

Rear Seat Facing

An orientation of car seats for infants and young children where the seat faces the back of the vehicle, enhancing safety in the event of a collision.

18-Month-Old

A developmental phase for children aged one and a half years, marked by increased mobility, communication skills, and independence.

Toddler

Refers to a child who is between the ages of one and three years old, known for significant physical, emotional, and cognitive development.

Procedure-Inherent Accident

An unexpected and unintended incident that occurs as a natural part of a medical procedure or treatment, despite precautions.