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Proceeds from the sale of normal income security are the only type of security sale proceeds which may be released for essential family living or farm operating expenses.

a) True
b) False

User Munda
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1 Answer

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Final answer:

The statement is false. Proceeds from the sale of normal income security are not the only type of security sale proceeds which may be released for essential family living or farm operating expenses.

Step-by-step explanation:

No, the statement is false. Proceeds from the sale of normal income security are not the only type of security sale proceeds that may be released for essential family living or farm operating expenses. In addition to normal income security, proceeds from the sale of abnormal income security can also be used for these expenses. Abnormal income security includes things like gains from the sale of property or assets, while normal income security includes things like wages or salary.

User Marvinhagemeister
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