To Be Deductible, Business Expenses Must Be Directly Related to a Business

question 28

True/False

To be deductible, business expenses must be directly related to a business activity.

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Definitions:

Fluid Intelligence

The aspect of intelligence involving the ability to reason quickly and to think abstractly, often seen as the capacity to solve novel problems.

Motor Abilities

Skills related to physical actions and movements, such as coordination, balance, and manual dexterity.

Encouragement

The act of giving support, confidence, or hope to someone.

Participation

The action of taking part in an activity or event.