Which,if Any,of the Following Is Subject to the Cutback Adjustment

Multiple Choice

Which,if any,of the following is subject to the cutback adjustment?

A) An airline pilot for an executive jet rental company who pays his own travel expenses.
B) Meals provided at cost to employees by a cafeteria funded by the employer.
C) Fourth of July company picnic for employees.
D) Business gifts of $25 (or less) .
E) None of the above.