Evaluate the Following Statements: I

question 74

Multiple Choice

Evaluate the following statements: I.De minimis fringe benefits are those that are so immaterial that accounting for them is impractical.
II) De minimis fringe benefits are subject to strict antidiscrimination requirements.
III) Generally, a fringe benefit of less than $50 is considered de minimis and can be excluded from gross income.

• A)Only I is true.
• B)Only III is true.
• C)Only I and III are true.
• D)I, II, and III are true.
• E)None of these.

---

Definitions:

Visualization And Affirmation

Techniques used to create mental images and positive statements to reinforce goals or desired outcomes, often used in personal development and motivation.

Critical Thinking

The process of objectively analyzing and evaluating an issue in order to form a judgment.

Critical Thinking

The analysis and evaluation of an issue in order to form a judgment.

Self-Assessment

A reflective process where an individual evaluates their own performance, abilities, or qualities, often for the purpose of personal development.