Match Each Statement with the Correct Term Below

question 25

Multiple Choice

Match each statement with the correct term below.
-Loss-of-income damages

• A)Dues, uniforms, subscriptions.
• B)Intended to punish and are taxable.
• C)Taxable if from an employer-provided policy.
• D)Any personal wrong, such as libel, slander, or assault.
• E)Excludable amount limited to gross profit percentage.
• F)Gratuitous and not a form of compensation for services.
• G)Excludability requires that it must be a condition of employment.
• H)Excluded if for compensatory payments for sickness or personal physical injury.
• I)To replace lost earnings and is excluded if due to personal physical injury.
• J)Excluded if provided on the employer's business premises and for the convenience of employer.

---

Definitions:

Equivalent Ratio

Ratios that represent the same relationship between two or more quantities, even if their numerals are different.

Smallest Term

The term with the least duration or the smallest numerical value in a series or equation.

Ratio

A mathematical correlation between two values indicating the frequency one number can be contained by the other.

Unknown Quantity

A variable or value in mathematics and science that is not specified or determined, often represented by letters such as x or y in equations.