Question: This is for Canada, Ontario QUESTION 13 Please select the correct category for the following: Gain on disposition of fixed assets. Business Income Capital Gain

This is for Canada, Ontario This is for Canada, Ontario QUESTION 13 Please select the correct category

QUESTION 13 Please select the correct category for the following: Gain on disposition of fixed assets. Business Income Capital Gain or Loss Property Income All of the above QUESTION 14 Please select the correct category for the following: Interest income earned on government bonds. Business Income Capital Gain or Loss Property Income All of the above QUESTION 15 Which of the following is not included in the definition of business income pursuant to ITA 248(1)? Trade Profession Gain on sale of fixed assets Adventure in the nature of trade QUESTION 16 Which of the following is a deductible expense for an unincorporated business? Contribution made to the Federal Green Party Estimated cost of providing warranty services in future taxation years Donation made to the United Way Reasonable salary paid to a relative

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