Which of the Following Is a True Statement

question 24

Multiple Choice

Which of the following is a true statement?

• A) the deduction of cash contributions to public charities is limited to 30 percent of AGI.
• B) the deduction of capital gain property to private nonoperating foundations is limited to 50 percent of AGI.
• C) the deduction of capital gain property to public charities is limited to 20 percent of AGI.
• D) the deduction of cash contributions to private nonoperating foundations is limited to 30 percent of AGI.
• E) None of these is true.

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Definitions:

Carbon Dioxide

An odorless and colorless gas, the result of organic compounds and carbon being burnt and the process of respiration. Found naturally in the atmosphere, it is essential for the photosynthesis conducted by plants.

Blood

Blood is a vital fluid in humans and other animals that transports necessary substances such as nutrients and oxygen to the cells and carries away waste products.

Transported

Moved or carried from one place to another.

Chronic Obstructive Pulmonary Disease

A group of progressive lung diseases, including emphysema and chronic bronchitis, that restrict airflow and cause breathing difficulties.