Which of the Following Would Be Excluded from Total Income

question 77

Multiple Choice

Which of the following would be excluded from total income to obtain net income?

• A)contributions to RPPs
• B)mortgage interest
• C)child support payments
• D)foreign income exclusion
• E)charitable contributions

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Definitions:

Nosepiece

A rotating part of a microscope that holds the objectives and can be turned to change from one magnification to another.

Electrical Cord

A length of insulated wire used to conduct electricity from a power source to an electrical appliance or device.

Condenser

In scientific equipment, a device to condense gaseous substances into liquid.

Aperture

A term commonly used to describe the opening in an optical system through which light passes, such as in a camera or telescope.