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Additional Spermicide Has to Be Applied to a Diaphragm ONLY

question 79

True/False

Additional spermicide has to be applied to a diaphragm ONLY if it has been inserted for more than 12 hours before intercourse.


Definitions:

Repair Expense

Costs incurred to fix or maintain property or equipment, generally deductible in the year they are incurred for tax purposes.

IRC Section 179

Allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service (rephrased definition for §179 Expense).

Depreciated

The reduction in the recorded cost of an asset in accounting, reflecting wear and tear, age, or obsolescence.

Ordinary Expense

An expense that is common, accepted, necessary, and appropriate for a business or individual's trade or profession under tax law.

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