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Which Consideration Best Characterizes the Justification for Deducting Some or All

Question 39

Multiple Choice

Which consideration best characterizes the justification for deducting some or all of the cost of business lunches as a deviation from the Haig-Simons comprehensive income definition?


A) externality considerations
B) ability-to-pay considerations
C) cost of earning income considerations
D) imperfect information considerations

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