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Which of the Following Expenses Are Completely Deductible

Question 53

Multiple Choice

Which of the following expenses are completely deductible?


A) $1,000 spent on compensating your brother for a personal expense.
B) $50 spent on meals while traveling on business.
C) $2,000 spent by the employer on reimbursing an employee for entertainment.
D) All of the expenses are fully deductible.
E) None of the expenses can be deducted in full.

Correct Answer:

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