Which of the Following Statements Is Correct

question 89

Multiple Choice

Which of the following statements is correct?

• A)The unrelated business income tax (UBIT)does not apply to exempt organizations that receive broad public support.
• B)The unrelated business income tax (UBIT)treats the tax-exempt entity as if it were subject to the corporate income tax on its unrelated business income.
• C)Unrelated business income is income derived from activities not related to the exempt purpose of the exempt organization.
• D)Only b.and c.are correct.
• E)a. ,b. ,and c.are correct

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Definitions:

Adoption Studies

Research studies that compare adopted children to their biological and adoptive families to understand the influence of genetic versus environmental factors on development.

Genetics

The study of genes, heredity, and genetic variation in living organisms, explaining how traits are passed from parents to offspring.

Artistic Interest

Artistic interest pertains to a person's attraction or passion towards arts, including appreciation, creation, and involvement in artistic activities.

Genetic Factors

Aspects of an individual's genetic makeup that influence their physical and behavioral traits.