Answer:
True
Explanation:
A single use plan is basically a one time business transaction that is supposed to take place only once and should not be repeated in the future. In this case, the production plant has been used for more than 100 years, but once it is sold, its history and the company should no longer have any type of relationship with it.
I do believe that gifts to a spouse are exempt from any gift tax. So $0 is taxable.
Answer:
B.
Explanation:
B. First in First out is good I guess
The options that are included in comprehensive income are: Unrealized gains on available-for-sale securities.
<h3>What is Comprehensive Income?</h3>
Comprehensive income is a term that refers to the gains and losses that a company is yet to realize during its accounting period.
The gains, losses, revenue, that are yet to be classified can be classified as comprehensive income.
Learn more about comprehensive income here:
brainly.com/question/19908089
