Which of the Following Activities Is Not Subject to the Feeder

question 86

Multiple Choice

Which of the following activities is not subject to the feeder organization rules?

• A)At least 80% of the net income of the for-profit entity is contributed to the exempt organization for a consecutive three-year period.
• B)A trade or business where substantially all the work is performed by volunteers.
• C)A trade or business of selling merchandise where substantially all of the merchandise has been received as contributions or gifts.
• D)Only b.and c.
• E)a., b., and c.

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Definitions:

Random Variable

A random variable is a variable whose values depend on outcomes of a random phenomenon.

Standard Normal Probability Distribution

A probability distribution that has a mean of 0 and a standard deviation of 1, used in statistics to represent standardized values of a dataset.

Z-statistic

A statistical measure that represents the number of standard deviations a data point is from the mean of a data set.

Probabilities

Measuring how likely it is for an event to occur, using a numeric scale that falls between 0 and 1.