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    Exam 4: Fringe Benefits and Voluntary Deductions
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    ________ Is the Price That a Person Would Pay for an Item
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________ Is the Price That a Person Would Pay for an Item

Question 32

Question 32

Multiple Choice

________ is the price that a person would pay for an item in an arm's length transaction.


A) General valuation
B) Manufacturer's Suggested Retail Price
C) De Minimis
D) Fair Market Value

Correct Answer:

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