An Expense Is Considered Necessary If It Is "Appropriate and Helpful

question 102

True/False

An expense is considered necessary if it is "appropriate and helpful" in the taxpayer's business.

---

Definitions:

Prototype Matching Hypothesis

A theory suggesting that patterns of recognition are based on how closely stimuli match cognitive prototypes, or idealized examples, in memory.

Agentic

Pertaining to an agent or someone who acts; relating to actions that result from one's own choices and decisions, rather than external forces.

Least Preferred Co-Worker

A concept used to measure a leader's task or relationship orientation by assessing their feelings about their least preferred coworker.

Leadership Style

The patterns, methods, and behaviors used by an individual to influence, motivate, and direct others in a group or organization.