Answer :

Let's carefully analyze the statement "Income does NOT include dividend payments, which vary."

1. Understanding Income and Dividend Payments:
- Income: This is typically the money earned from various sources, such as wages, salary, business profits, rental income, etc.
- Dividend Payments: Dividends are payments made by a corporation to its shareholders, usually derived from profits. These payments can fluctuate based on the company’s profitability and decisions made by its board of directors.

2. What is the Statement Claiming?:
- The statement is claiming that income does not include dividend payments, and it notes that dividend payments can vary.

3. Verification:
- Confirming whether the dividend payments, which vary, should be considered part of income is crucial.
- Generally, for accounting and tax purposes, dividends received are considered part of an individual's income.

However, following the given context and requirement to analyze the statement within its boundaries:

4. Conclusion:
- The statement mentions explicitly that "income does NOT include dividend payments, which vary." Since the statement specifies that income does not include dividends and highlights their variability, we deduce that it is presented as a guideline or a specific rule in this context.

Therefore, according to the given information, the correct answer is:
- O A. True

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