Rene Owns Four Small Businesses

question 54

Multiple Choice

Rene owns four small businesses.Rene spends the following number of hours this year working in those businesses: Business A,105 hours; Business B,130 hours; Business C,120 hours; Business D,99 hours.Which of the following statements is correct?

• A) Businesses A,B,and C are material participation activities.
• B) Businesses A,B,C,and D are all significant participation activities.
• C) Businesses A,B,and C are significant participation activities.
• D) Both Businesses A,B,and C are material participation activities and Businesses A,B,and C are significant participation activities are correct.

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Definitions:

Expensive

Involving a high cost or requiring a lot of resources.

Online Surveys

Tools or platforms that allow researchers to collect data or feedback from respondents via the internet, often through questionnaires.

Immediate Access

Immediate access involves having the ability to obtain or use resources, information, or services without delay.

Open-Ended Questions

Questions in a survey or an interview that allow respondents to answer in their own words, providing depth and insight into their perspectives.