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  3. Study Set
    Concepts in Federal Taxation
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    Exam 5: Introduction to Business Expenses
  5. Question
    All of the Following Are a Required Test for the Deduction
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All of the Following Are a Required Test for the Deduction

Question 131

Question 131

Multiple Choice

All of the following are a required test for the deduction of a business expense except?


A) GAAP approved.
B) Ordinary.
C) Necessary.
D) Business purpose.
E) Reasonable in amount.

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