GROUPING OF PASSIVE ACTIVITIES: EXAMPLE
01.Core Concepts
• Miguel participates in 3 activities (A, B, and C). • He dedicates hours to each activity as follows: • Activity A, 120 hours • Activity B, 150 hours • Activity C, 270 hours He can group the three activities together to be a material participant in all (120 + 150 + 270 = 540).