Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
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Answer:
1. Scale
2. Latitude
3. Compass
4. Political
5. Legend
6. Physical
7. Degrees
8. Edition
9. Borders
10. Oceans
Explanation:
This took me 20 minutes to do.
Accounting information is the process to study the heritage and present the results through accounting or financial statements.
<h3>What is accounting information? </h3>
It provides useful information for the economic decision-making process.
It implies the analysis of all the variables that affect the economic field, for this it is necessary to carry out a systematic and chronological record of financial operations.
Therefore, we can conclude that accounting information is the process to study the heritage and present the results through accounting or financial statements.
Learn more about accounting information here: brainly.com/question/14570679
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in the three months to February 2017 there were 33.4 million people in the UK labour force and 1.56 million people classed as unemployed. These figures gave an official UK unemployment rate of 4.7%.
