All of the following are types of nontaxable income except

A) child support payments.
B) casualty insurance reimbursements.
C) rental income.
D) reimbursements of moving expenses by an employer.


Answer: C

Business

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Which of the following sentence pairs contains a transitional phrase that detracts from coherence?

A) First, productivity will improve by 12%. For example, employees will be happy. B) Salaries will increase by 6%. In contrast, the sick-day allowance will decrease by 2%. C) The fliers should arrive by 5:00 p.m. Then our interns will post them on campus bulletin boards. D) The new computer is being repaired. However, the repair service loaned us another system. E) The union strike should help teachers receive higher salaries. On the other hand, students will suffer if teachers go on strike.

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Unless the creditor has possession of the collateral, there must be a written security agreement

Indicate whether the statement is true or false

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The largest asset held by S&Ls is ________

A) consumer loans B) securities C) mortgage loans D) consumer savings

Business

In many new small ventures, planning is often

a. well accomplished. b. overdone. c. overused. d. lacking.

Business