Match the Following Statements

question 1

Multiple Choice

Match the following statements.
-Bingo games

• A)Distribution of such items is not considered an unrelated trade or business if they are "low-cost items".
• B)Is considered an unrelated trade or business if the amount received is contingent upon the level of attendance at one or more events
• C)Is considered an unrelated trade or business if legally it can be conducted by commercial (for-profit) entities.
• D)A trade or business that consists of either renting or exchanging these with another exempt organization is not an unrelated trade or business.

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Definitions:

Payback Period

The duration of time it takes to recoup the cost of an investment.

Discounted Payback

A capital budgeting method that calculates the time required to break even from an investment based on its discounted cash flows rather than just the nominal cash flows.

Liquid Investments

Assets that can be quickly and easily converted into cash without significant loss in value, like stocks and bonds.

Payback

The period of time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.