The First Chance Casino Has Gambling Facilities, a Bar, a Restaurant

question 81

Multiple Choice

The First Chance Casino has gambling facilities, a bar, a restaurant, and a hotel.All employees are allowed to obtain food from the restaurant at no charge during working hours.In the case of the employees who operate the gambling facilities, bar, and restaurant (60% of all of Casino's employees) , the meals are provided for the convenience of the Casino.However, the hotel workers demanded equal treatment and therefore were also allowed to eat in the restaurant at no charge while they are at work.Which of the following is correct?

• A)All the employees are required to include the value of the meals in their gross income.
• B)Only the restaurant employees may exclude the value of their meals from gross income.
• C)Only the employees who work in gambling, the bar, and the restaurant may exclude the meals from gross income.
• D)All of the employees may exclude the value of the meals from gross income.
• E)None of these.

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Definitions:

Deuterostomes

A group of animals characterized by a specific pattern of development, including the formation of the anus from the first opening in the embryo, followed by the mouth.

Acorn Worms

Marine invertebrates in the phylum Hemichordata, known for their burrowing habits and acorn-shaped proboscis, playing a vital role in marine ecosystems.

Species Diversity

The variety of species within a region or ecosystem, encompassing species richness and the complexity of their interactions.

Asteroidea

A class within the phylum Echinodermata, commonly known as starfish or sea stars, characterized by their star-shaped body plan.