The IRS Currently Offers Two Definitions of Educational Assistance,based on Amendments

question 37

True/False

The IRS currently offers two definitions of educational assistance,based on amendments to IRC Section 127.
(Education Assistance Programs)

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Definitions:

NPO

A medical abbreviation for "nil per os," Latin for "nothing by mouth," indicating a patient should not take food or water orally.

Effexor XR

A brand name for Venlafaxine, an antidepressant medication used in the treatment of major depressive disorder, anxiety, and panic disorder.

Keflex

A brand name for cephalexin, an antibiotic used to treat various bacterial infections.

Conversion Formula

An equation used to change one unit of measurement to another.