In the United States, Commercial Airline Pilots Must Retire at Age

question 13

Multiple Choice

In the United States, commercial airline pilots must retire at age ____.

• A) 70
• B) 65
• C) 62
• D) 60
• E) none of the above

---

Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.

Half Year Rule

A tax regulation in some jurisdictions that allows for only half of the applicable depreciation expense to be claimed in the year that an asset is purchased.