Which of the Following Is Not Relevant in Determining Whether

question 49

Multiple Choice

Which of the following is not relevant in determining whether an activity is profit-seeking or a hobby?

• A) Whether the activity is enjoyed by the taxpayer.
• B) The expertise of the taxpayers or their advisers.
• C) The time and effort expended.
• D) The relationship of profits earned and losses incurred.
• E) All of the above are relevant factors.

---

Definitions:

Birth Process

The series of physiological and mechanical events that occur in the mother's body leading to the delivery of a baby.

First-time Mother

Describes a woman who is experiencing motherhood and the care of a newborn for the first time.

First Stage

Refers to the initial phase of a process or sequence of events, such as the first stage of labor in childbirth, which involves the onset of contractions leading to the cervix's dilation.

Stress

A physical or emotional response to demands or pressures, which can come from any situation or thought that makes you feel frustrated, angry, or nervous.