A De Minimis Benefit Is One Whose Value Is So

question 45

True/False

A de minimis benefit is one whose value is so small that keeping track of which employees received the benefit is administratively impractical.

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Definitions:

Line Chart

A type of chart used in statistics that displays information as a series of data points connected by straight line segments, useful for visualizing trends over time.

Potato Prices

The cost associated with purchasing potatoes, affected by variables such as geographic region, season, and market demand.

Vertical Axis

In a graph, it is the y-axis, representing the range of values for a given variable, typically placed perpendicular to the horizontal axis.

Horizontal Axis

The x-axis in a graph that usually represents the independent variable or the base timeframe over which data points are plotted.