All of the Following Items Are Excluded from Gross Income

question 83

Multiple Choice

All of the following items are excluded from gross income except

• A)working condition benefits.
• B)de minimis benefits.
• C)no additional cost benefits for employees.
• D)disability income from an employer-financed policy.

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Definitions:

Japan

Japan is an East Asian island nation known for its rich culture, technological advancements, and significant economic influence globally.

Germany

A country in Central Europe, known for its rich history, cultural heritage, and as a leading economic power.

United Kingdom

A nation with sovereignty situated to the northwest of continental Europe, consisting of England, Scotland, Wales, and Northern Ireland.

China

China is a country in East Asia, known for being the world's most populous country and having one of the largest economies globally.