Which of the Following Does Not Ultimately Result in a Capital

question 47

Multiple Choice

Which of the following does not ultimately result in a capital gain or loss?

• A) Sale of a personal use asset.
• B) Sale of inventory.
• C) Gain on equipment used in a trade or business held for more than one year, if it is the only asset sale during the year.
• D) Sale of capital stock in another company.
• E) None of the choices are correct.

---

Definitions:

Work Time Lost

The hours of work missed by employees due to factors like illness or injury, impacting productivity.

Cost Overstate

The action of reporting or estimating a cost to be higher than it actually is.

Job Satisfaction

A measure of how content an individual is with their job; it can affect productivity, turnover, and overall workplace harmony.

Voice Mechanism

A method through which employees can express concerns, offer suggestions, or provide feedback within an organization to improve conditions or address issues.