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What is a retiring allowance according to the federal Income Tax Act? Question 30 options: A payment made only to retired employees A payment made

What is a retiring allowance according to the federal Income Tax Act? Question 30 options: A payment made only to retired employees A payment made in recognition of long service A payment made for unused vacation days A payment made to officers or employees after the employment relationship has been severed Question 31 (1 point)

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