Which of the Following Is a True Statement

question 33

Multiple Choice

Which of the following is a true statement?

• A) Meals are never deductible as a business expense.
• B) An employer can only deduct half of any meals provided to employees.
• C) The cost of business meals must be reasonable.
• D) A taxpayer can only deduct a meal for a client if business is discussed during the meal.
• E) None of these is true.

---

Definitions:

Faulty Reasoning

Erroneous or flawed processes of thinking that lead to incorrect conclusions or beliefs.

Cognitive Therapy

A form of psychotherapy that aims to change negative patterns of thinking to improve an individual's mood and behaviors.

Reasoning

The cognitive process of looking for reasons, forming conclusions, judgments, or inferences from facts or premises.

Decatastrophize

A cognitive-behavioral therapy technique that involves reducing the irrational fear associated with exaggerated or worst-case scenario thinking.