All of the following events are allowable reasons to take an early withdrawal from an IRA and not pay a tax penalty EXCEPT

A) qualifying medical expenses
B) disability
C) purchase of a vacation home
D) death

Answer: C) purchase of a vacation home

Business

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A transaction that takes place inside a state would create a nexus for sales tax to attach.

Answer the following statement(s) true (T) or false (F)

Business

When a customer pays a seller a significant period of time after the goods are delivered, the consideration received by the seller always includes both transaction revenue and interest income

Indicate whether the statement is true or false

Business