_____ 11.If a spouse accompanies an employee on a business trip to help entertain customers,the spouse's travel expenses are deductible.
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Q5: _ 3.A cash basis taxpayer recognizes an
Q6: _ 14.Expenses of a hobby that exceed
Q7: _ 10.For transportation expenses for foreign travel
Q8: _ 1.Expenses must be ordinary,necessary,and reasonable to
Q9: _ 16.A deferred tax liability can be
Q11: _ 2.Under no circumstances will the IRS
Q12: _ 17.The information in FAS 109 and
Q13: _ 9.A temporary assignment cannot exceed one-year.
Q14: _ 6.A prepaid expense is always capitalized
Q15: _ 15.A deferred tax asset is the
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