Question: permanent adjustments on schedule m-1 (form 1065) include: a. depreciation, amortization, and depletion b. premiums paid for life insurance policies on key employees, lobbying expenses,

permanent adjustments on schedule m-1 (form 1065) include:

a. depreciation, amortization, and depletion

b. premiums paid for life insurance policies on key employees, lobbying expenses, and tax-exempt interest

c. political expenses, depletion, and 50% of deductible meals

d. 100% of entertainment, amortization, and expenses related to tax exempt income

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