Which of the Following Is Not Excluded from Income? (Assume

question 31

Multiple Choice

Which of the following is not excluded from income? (Assume that any amounts received by the taxpayer were kept.)

• A)public assistance payments.
• B)fair market value of prize won on a game show.
• C)gifts and inheritances.
• D)life insurance proceeds paid by reason of death.

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Definitions:

Maintain Weight

The process of keeping one's body weight steady, without significant gains or losses, over time.

Fat Cells

Cells specialized in storing energy in the form of fat, also known as adipocytes, playing key roles in metabolism, hormone regulation, and insulation.

Set Point

A theory suggesting that the body regulates its own weight around an internally set number, making it difficult to permanently change weight significantly.

Metabolic Rate

The rate at which the body uses energy to maintain basic life functions such as breathing, circulating blood, and cell production.