Life insurance proceeds are generally not taxable to the

A) insured.
B) beneficiary.
C) administrator.
D) benefactor.


Answer: B

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A CPA is most likely to refer to one or more of the items listed in the Responsibilities section of the Principles Underlying an Audit Conducted in Accordance with GAAS in determining:

A. the nature of the CPA's report qualification. B. whether the CPA should undertake an audit engagement. C. the scope of the CPA's auditing procedures. D. requirements for the review of the entity and its environment.

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Becky wants to buy a new cell phone. She asks her tech-savvy friends to recommend a good phone that is light in weight and easy to use. In this scenario, Becky is obtaining information using a(n)__________information source

Fill in the blanks with correct word.

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The Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive hours of work to utilize the nearest convenient restroom. This law is

a. an executive order. b. an ordinance. c. a statute. d. a stare decisis.

Business

In the case of scrivener's errors, a court will usually A)reform the contract if it is clear that the mistake is not what the parties intended

B)instruct the parties to rewrite the contract without the errors. C)enforce the contract as written. D)throw out the contract completely.

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