Which of the Following Is Not Excluded from Income

question 996

Multiple Choice

Which of the following is not excluded from income?

• A) life insurance proceeds paid by reason of death
• B) public assistance payments
• C) fair market value of prize won on a game show
• D) gifts and inheritances

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Definitions:

Entire Income

This term does not correspond to a specific economic concept; it might refer to total earnings or revenue of an individual or entity, but more context is needed for a precise definition. NO.

Uglifruits

A type of citrus fruit known for its unique appearance but sweet and tangy taste.

Breadfruits

A type of large, starchy tropical fruit, which can be used similarly to potatoes and is a staple food in many parts of the world.

Calorie Limit

A specified maximum number of calories to be consumed within a given period, often used for dietary planning or weight management.