You should be open minded and respectfully consider your mentor's advice

The Tom Trust requires that all trust income be distributed at least annually. There are no provisions for charitable contributions. To be treated as a simple trust, what must also be true?

A. Trust income can consist of interest and dividends only. B. There were no distributions of corpus in the current year. C. All beneficiaries must be U.S. citizens or resident aliens. D. All of the answers are correct.

For a given level of ?, increasing the sample size will decrease ?, thereby increasing the power of the test

Indicate whether the statement is true or false