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  3. when is a business expense deductible? a. when it

When is a business expense deductible? a. When it is a capital expenditure b. When...

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Question

Accounting

When is a business expense deductible?

a. When it is a capital expenditure

b. When it is related to a profit-motivated activity of the taxpayer

c. When it is over a threshold amount set by corporate policy

d. When it is related to tax-exempt income

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