Mauve Company Permits Employees to Occasionally Use the Copying Machine

question 82

True/False

Mauve Company permits employees to occasionally use the copying machine for personal purposes.The copying machine is located in the office where the higher paid executives work, so they occasionally use the machine.However, the machine is not convenient for use by the lower paid warehouse employees and, thus, they never use the copier.The use of the copy machine may be excluded from gross income as a de minimis fringe benefit.

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Definitions:

Tin

A chemical element with the symbol Sn and atomic number 50, known for its malleability, ductility, and resistance to corrosion, used in various alloys and as a protective coating for other metals.

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A fine-grained sedimentary rock that can be a source of petroleum and natural gas.

Conventionally Extracted Oil

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The cost per barrel of crude oil as determined by global supply and demand dynamics.