Symptoms of stress characterized by increased blood pressure and increased heart rates are __________ symptoms

Which of the following is true about intraperiod tax allocation?

a. It arises because certain revenue and expense items appear in the income statement either before or after they are included in the tax return. b. It is required for extraordinary items and cumulative effect of accounting changes but not for prior period adjustments. c. Its purpose is to allocate income tax expense evenly over a number of accounting periods. d. Its purpose is to relate the income tax expense to the items which affect the amount of tax.

If a wealthy client with no children wishes to leave $500,000 to the local chapter of American Red Cross, that client may want to create:

A) a spendthrift trust. B) a resulting trust. C) a constructive trust. D) a charitable trust.