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Lily (Self-Employed) Went from Her Office in Portland to Lisbon

question 59

Essay

Lily (self-employed) went from her office in Portland to Lisbon, Portugal, on business. While there, she spent part of the time on vacation. How much of the $5,000 airfare can she deduct based on the following assumptions:
a. Lily was gone five days (i.e., three business and two personal).
b. Lily was gone five weeks (i.e., four business and one personal).
c. Lily was gone five weeks (i.e., three business and two personal).


Definitions:

Task Analysis

The process of breaking down a task into its component parts to understand the skills, knowledge, and processes involved in its completion.

Needs Analysis

The process of identifying and evaluating the needs or gaps within an organization or among individuals to determine the required training interventions.

External Service Provider

A third-party company or individual that offers services outside of the primary organization's core activities.

Senior Management Preference

The choices or inclinations of top executives in an organization regarding strategic decisions, policies, or practices.

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