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What is the primary difference between the lease-value rule and the commuter rule as they pertain to the valuation of a company car fringe benefit?
Excess Money
The surplus of cash beyond what is needed for immediate expenses or investments.
Price Level
The mean value of current prices for the economy's wide array of goods and services.
Price Level
An index reflecting the overall cost of commodities and services within an economy.
Inflation Rate
An economy's rate of escalation in prices for goods and services over a given period.
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