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Which of the Following Always Generate Taxable Income

question 2

Multiple Choice

Which of the following always generate taxable income?
I.Interest free loan over $10,000 from family member.
II.Interest free loan over $10,000 from employer.
III.Interest free loan under $10,000.
IV.Interest free loan over $100,000.

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Definitions:

Human Communication

The process of making sense out of the world and sharing that sense with others by creating meaning through the use of verbal and nonverbal messages.

Encoded Communication

The translation of information or ideas into a specific format or code for transmission to a recipient.

Task Dimension

A form of content dimension in the workplace; leaders, including managers, supervisors, or those who take charge, communicate content messages to accomplish certain tasks.

Encoding Feedback

The process of transforming thoughts or reactions into a communicable form, often used in the context of providing constructive criticism or evaluation.

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