Which of the Following Statements Regarding Low-Cost Articles Is Correct

question 106

Multiple Choice

Which of the following statements regarding low-cost articles is correct?

• A)The distribution of low-cost articles can be classified as not being an unrelated trade or business.
• B)For 2012, a low-cost article is one that costs $9.70 or less.
• C)Any contributions received as the result of the distribution of low-cost articles must be included in unrelated business income.
• D)Only a.and b.are correct.
• E)a., b., and c.are correct.

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A quantitative relationship between two numbers showing how many times the first number contains the second.

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