7) Cash basis individuals must include in income annually the increase in the redemption price of Series E and Series EE U.S. savings bonds that they own. TRUE or FALSE
10) Purchased trademarks and trade names are amortizable straight-line over 15 years. TRUE or FALSE
11) To avoid the accuracy-related penalty on a disclosed position, the taxpayer must have, at a minimum, a reasonable basis for the position taken on the tax return. TRUE or FALSE
14) The employer-provided educational assistance exclusion applies only to undergraduate students. TRUE or FALSE