Employers Must Report the Value of Nontaxable Meals and Lodging

question 63

True/False

Employers must report the value of nontaxable meals and lodging provided to employees on the employees' W-2s at year-end.

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Definitions:

Reliability

The degree to which a test, tool, process, or system consistently produces the same results under the same conditions.

Reliability

The consistency of a measurement, test, or instrument to produce stable and consistent results over time.

Measuring

The process of determining the size, quantity, or degree of something using instruments or tools designed for such purposes.

Correlation Coefficients

Statistical measures that indicate the extent to which two variables fluctuate together, showing the strength and direction of their relationship.