Which of the Following Factors Is Not Used to Determine

question 93

Multiple Choice

Which of the following factors is not used to determine whether an activity is a hobby or a business?

• A)the taxpayer's expertise in the activity
• B)the taxpayer's financial status
• C)the personal pleasure derived from the activity
• D)the success of the taxpayer in other dissimilar activities

---

Definitions:

McGregor's Prescriptions

Approach proposed by Douglas McGregor in management theory, advocating for leadership and motivational strategies based on the assumptions of Theory X and Theory Y.

Morale Problem

A situation in an organization where employee confidence, enthusiasm, and discipline are significantly diminished.

Fringe Benefits

Additional compensations provided to employees on top of their regular salary, such as health insurance, retirement plans, and paid time off.

Older Employees

Individuals in the workforce who are typically considered to be near or beyond the traditional age of retirement, offering valuable experience and stability.