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  3. Study Set
    Concepts in Federal Taxation
  4. Exam
    Exam 5: Introduction to Business Expenses
  5. Question
    A Necessary Expense Is One That Is Appropriate and Helpful
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A Necessary Expense Is One That Is Appropriate and Helpful

Question 152

Question 152

True/False

A necessary expense is one that is appropriate and helpful to the taxpayer's income activity.

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