Expenses Must Be Ordinary, Necessary, and Reasonable to Be Fully

question 40

True/False

Expenses must be ordinary, necessary, and reasonable to be fully deductible.

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Definitions:

Possible Causes

Factors or conditions that can bring about a particular phenomenon or outcome.

Motor Development

The gradual progression of muscle control, movement skills, and physical coordination in infants and children.

Middle Childhood

A developmental stage that typically encompasses the ages of 6-12 years, characterized by significant growth and development in social, cognitive, and emotional areas.

Sex Differences

Refers to the biological and physiological distinctions between males and females, often influencing physical, cognitive, and behavioral aspects.