Which of the Following Is Deductible as Interest Expense

question 56

Multiple Choice

Which of the following is deductible as interest expense?

• A)personal credit card interest
• B)interest to purchase tax-exempt bonds
• C)bank service charges on personal account
• D)none of the above

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Definitions:

Spontaneous Recovery

The rebirth of an extinguished response after a break, without the need for relearning.

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of no exposure to the conditioned stimulus.

Counterconditioning

A behavioral therapy technique that involves the conditioning of an unwanted behavior or response to a stimulus into a desired behavior by associating the stimulus with a new, incompatible response.

Instinctive Drift

The phenomenon whereby an animal's conditioned responses revert to instinctual behaviors, interfering with learned behaviors.