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SCORPION-xisa [38]
3 years ago
14

Liam was the beneficiary of a life insurance policy on his wife. Liam had paid $20,000 in premiums on the policy. Be collected $

50,000 on the policy when his wife died from a terminal illness. Because it took several months to process the claim, the insurance company paid Liam $52,000, the face amount of the policy plus $2,000 interest. Liam is not required to recognize any income from the above transactions.
a. Trueb. False
Business
1 answer:
Lesechka [4]3 years ago
7 0

Answer:

B. FALSE

Explanation:

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ABC Tax Planning Service started business in January 2018. The company rented an office for 7,000 per month starting from Januar
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The answer is: C) $14,000

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3 years ago
Year 1 2 3 4 Free Cash Flow ​$12 million ​$18 million ​$22 million ​$26 million Conundrum Mining is expected to generate the abo
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Suppose you are the manager of a company and must decide whether to outsource your Human Resources department.
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IRAC method is used in outsource the human resource department for the company, as it helps the company to understand the types of employees they needs with the issue, rule, analyze and go to conclusion with the hiring the human resource department.

<h3>What is meant by human resource department?</h3>

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