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.

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Definitions:

Osteoporosis

A medical condition in which bones become brittle and fragile from loss of tissue, typically as a result of hormonal changes, or deficiency of calcium or vitamin D.

Sedentary Lifestyle

A type of lifestyle with little or no physical activity, often associated with negative health outcomes.

Heart Rate

The number of heartbeats per minute, a vital sign used to assess the heart's function and overall health.

Heart Disease

A broad term for a range of diseases affecting the heart and blood vessels, including coronary artery disease, heart attacks, and heart failure.