Which of the Following Is Not Considered an Ordinary Expense

question 37

Multiple Choice

Which of the following is not considered an ordinary expense for a rental activity?

• A)Advertising
• B)Insurance
• C)Property taxes
• D)All of these are deductible as ordinary expense

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Definitions:

Sensorimotor Stage

Piaget’s initial major stage of cognitive development, which can be broken down into six substages.

Sociocultural Approach

A theoretical perspective that emphasizes the impact of social and cultural factors on individual behavior and cognitive processes.

Multiple Perspectives

The approach of considering and integrating diverse viewpoints and angles in analysis, problem-solving, or understanding complex issues.

Adolescent Years

A developmental phase following childhood, typified by puberty, a search for identity, and increased autonomy, usually ranging from ages 13 to 19.