In order for a business expense to be deductible, it must be: a. Ordinary b. Necessary c.
Question:
In order for a business expense to be deductible, it must be:
a. Ordinary
b. Necessary
c. Reasonable
d. All of these
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The correct answer is All of these Ex...View the full answer
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Related Book For 
Fundamentals Of Taxation For Individuals A Practical Approach 2024
ISBN: 9781119744191
1st Edition
Authors: Gregory A Carnes, Suzanne Youngberg
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