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Match the Proper Deduction Method with the Correct Expenditures

Question 3

Multiple Choice

Match the proper deduction method with the correct expenditures.
-Covenant not to compete for 4 years


A) Capitalized and amortized over a number of accounting periods
B) Expensed in the period incurred
C) Not deductible
D) Can be capitalized and amortized or deductible depending on the amount of the expenditure

Correct Answer:

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