John, a Rental Car Dealer on Miami Beach, Is Considering

question 39

Multiple Choice

John, a rental car dealer on Miami Beach, is considering opening a beauty salon in San Francisco.After spending $8,000 investigating such possibilities in San Francisco, John decides not to open the salon.As a consequence, the $8,000 is:

• A)Capitalized and amortized over 189 months
• B)Capitalized and deductible over the life of the business
• C)Deduct $5,000 and amortize the balance over 180 months
• D)Not deductible

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Definitions:

Interview Process

A series of steps including preparation, meeting, and follow-up, aimed at evaluating a candidate's suitability for a position.

Job Candidate

An individual who applies for or is being considered for an employment position.

Open Ended Interviews

A qualitative research method involving unstructured conversations where the respondent is free to share thoughts and feelings in their own words.

Structured Interviews

A method of interviewing where all candidates are asked the same predetermined questions in the same order to ensure consistency and comparability of responses.