Choose the Word or Phrase in [ ] Which Will

question 144

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-An appropriate trust to set up with a disabled child being the beneficiary would be the [special needs | minor's section 2503(c)] trust.

---

Definitions:

Transfer Price

The price at which goods and services are sold between divisions within the same company, often used for accounting and tax purposes.

Variable Cost

A cost that varies directly and proportionally with changes in production volume or activity level, such as materials and labor costs.

Profit Margin

The ratio of a company's net income to its revenue, indicating the percentage of profit made from sales.

Operating Expenses

Expenses incurred through normal business operations, such as rent, utilities, and payroll.