Identify Which of the Following Statements Is True

question 59

Multiple Choice

Identify which of the following statements is true.

• A)All trusts and estates must use a calendar year-end.
• B)All estates with gross income of at least $500 must file an income tax return.
• C)Trusts are required to make estimated tax payments.
• D)All of the above are false.

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Definitions:

Natural Disaster

A catastrophic event resulting from natural processes of the Earth, such as earthquakes, hurricanes, or floods, causing significant damage and loss.

Relaxation Training

Techniques or exercises designed to help individuals reduce stress and anxiety, promoting a state of calm.

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A surgical procedure that diverts blood around blocked or partially blocked arteries in the heart to improve blood flow and oxygen to the heart.

Health Education

The process of informing the public about health issues and promoting health awareness to improve overall health and well-being.