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Royalties are included in RRSP earned income if the taxpayer is the creator of the asset on which the royalties were earned. Question 30 options:

Royalties are included in RRSP earned income if the taxpayer is the creator of the asset on which the royalties were earned.

Question 30 options:

True

False

When shares are acquired through the exercise of stock options, the adjusted cost base of the shares is increased by the amount of any employment income benefit that is recorded at the time of acquisition (for a public company).

Question 25 options:

True
False

An antique lamp can be considered listed personal property.

Question 23 options:

True
False

Question 24 (1 point)

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An automobile can be considered listed personal property.

Question 24 options:

True

False

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