Question 6 (1 point)

All of the following situations will arise to actual disposition except ______________.

Question 6 options:

a)	Purchase of debt or shares

b)	Sale of asset or property

c)	Redemption of shares

d)	Cancellation of debt securities

Question 7 (1 point)

All withdrawals from RRSPs are included in income in the year of withdrawal unless withdrawn under HBP or LLP, or transferred to RRIF.

Question 7 options:

	True
	False

Question 8 (1 point)

All of the listed expenses paid by an individual can be included in the moving expense except one. Which one?

Question 8 options:

a)	Storage cost

b)	Travel cost for the individual and family

c)	Forgiveness of employee debt

d)	Cost of meals and lodging

Question 9 (1 point)

Individuals that receive certain types of pension income under the registered pension plan (RRSPs, RRIFs) or social assistance benefits (OAS, CPP) are NOTrequired to include the income on their net income for tax purposes.

Question 9 options:

	True
	False