Match the Following Statements

question 59

Multiple Choice

Match the following statements.
-Unrelated business income is generally that derived from the unrelated trade or business reduced by the deductions directly connected with the conduct of the unrelated trade or business.

• A)Exempt from tax on unrelated business.
• B)Inappropriate definition.
• C)Exempt organization may be subject to the tax on unrelated business income.
• D)Annual information return of an exempt organization that is required to file a return and which is not a private foundation.
• E)Appropriate definition.
• F)Annual information return of a private foundation.

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Definitions:

Flexibility

The willingness and ability to adapt to new circumstances or to changes in one's environment.

Risk Taking

The act of engaging in actions that involve uncertainty or danger with the potential for positive outcomes.

Intellectual Characteristic

A trait or feature relating to the intellect, such as analytical thinking, creativity, or knowledgeability.