Which of the Following Is a True Statement

question 100

Multiple Choice

Which of the following is a true statement?

• A) Traveling from a personal residence to a place of business is deducted for AGI as a moving expense.
• B) Traveling from a personal residence to a place of business is a miscellaneous itemized deduction subject to the 2 percent of AGI limitation.
• C) The standard mileage rate can be used to calculate the deduction for traveling from a personal residence to a place of business.
• D) Traveling from a personal residence to a place of business is deductible if reimbursed by an employer.
• E) Traveling from a personal residence to a place of business is nondeductible.

---

Definitions:

Milliliters

A metric system volume unit that equals one thousandth of a liter.

Liters

A unit of volume in the metric system, equivalent to 1,000 cubic centimeters or approximately 0.26 gallons.

Centimeter

A unit of length in the metric system, equivalent to one hundredth of a meter, used commonly to measure small distances.

Inches

A unit of length in the Imperial and United States customary systems, equivalent to 1/12 of a foot.