The De Minimis Fringe Benefit

question 46

Multiple Choice

The de minimis fringe benefit:

• A)Exclusion applies only to property received by the employee.
• B)Can be provided on a discriminatory basis.
• C)Exclusion is limited to $250 per year.
• D)Exclusion applies to employee discounts.
• E)None of these.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.