Evaluate the Following Statements: I

question 74

Multiple Choice

Evaluate the following statements: I.De minimis fringe benefits are those that are so immaterial that accounting for them is impractical.
II) De minimis fringe benefits are subject to strict antidiscrimination requirements.
III) Generally, a fringe benefit of less than $50 is considered de minimis and can be excluded from gross income.

• A)Only I is true.
• B)Only III is true.
• C)Only I and III are true.
• D)I, II, and III are true.
• E)None of these.

---

Definitions:

Mobilizing Community Resources

Involves organizing and utilizing available services, supports, or assets within a community to meet a specific need or achieve a goal.

Basic Needs

Essential requirements for human survival and well-being, such as food, water, shelter, and safety.

Immediate Solutions

Quick and direct methods or answers to solve problems or address needs without delay.

Managed Care

A health care delivery system aimed at controlling costs, improving quality, and ensuring efficient use of resources.