Which of the Following Is Excluded from Gross Income

question 66

Multiple Choice

Which of the following is excluded from gross income?

• A)$50,000 slot machine winnings
• B)$13,900 value of Hawaiian vacation won on a game show
• C)$85,000 Pulitzer prize for journalism
• D)None of the above is excluded.

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Definitions:

Mid-To-High Level Ability

Referring to individuals possessing abilities or skills that are above average but not at the very top, indicating a high proficiency in a specific area.

Cheerleader

Informally, someone who provides enthusiastic support or encouragement, especially in creating motivation and positive morale.

Authoritarian

A leadership or governance style characterized by individual control over all decisions and minimal participation by the group members.

Skilled Baker

denotes an individual with extensive knowledge and proficiency in the art and science of baking, capable of creating high-quality baked goods.