Examlex
Regarding flexible work arrangements, which of the following statements is FALSE?
Cash Distribution
The payment of earnings from a corporation or a fund to its shareholders or investors.
Rental Income
The money earned from renting out a property or real estate.
Separately Stated
Separately stated items refer to certain income, deductions, and credits listed separately on a tax return or statement, affecting the taxpayer's obligations.
Recognized Gain
The portion of profit that must be reported for taxation purposes when an asset is sold or disposed of for more than its purchase price.
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