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An alcoholic beverage is any drink that has what percentage of alcohol by volume?

  1. Less than one-half of one percent

  2. Exactly one percent

  3. More than one-half of one percent

  4. Exactly one-half of one percent

The correct answer is: More than one-half of one percent

An alcoholic beverage is defined as a drink that contains more than one-half of one percent of alcohol by volume. A is incorrect because it specifies a lower threshold for the percentage of alcohol, while B and D specify exact percentages and do not include any mention of the volume. Therefore, the best answer is C, which provides a range and takes into consideration the percentage of alcohol in relation to the volume of the drink.