Income Earned from the Sale of an Asset for More

question 109

Multiple Choice

Income earned from the sale of an asset for more than you paid for it is classified as a(n)

• A) dividend income.
• B) interest income.
• C) capital gain.
• D) windfall.

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Definitions:

Neanderthals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago.

Social Network Users

Individuals who engage with social media platforms to connect, share, and communicate with others.

Higher Grades

Academic scores that are above average, indicating a higher level of performance or achievement in educational assessments.

Reliable Information

Data or facts that are accurate, trustworthy, and can be depended upon for decision-making.