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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 19: Gross Income: Inclusions
  5. Question
    Which of the Following Criteria Is Not Required to Be
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Which of the Following Criteria Is Not Required to Be

Question 51

Question 51

Multiple Choice

Which of the following criteria is not required to be met under the tax concept of income?


A) There must be economic benefit.
B) Income must be realized.
C) Income must be recognized.
D) Cash must be received.

Correct Answer:

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