Some Items Are Typically Not Allowable Tax Deductions but Are

question 80

Multiple Choice

Some items are typically not allowable tax deductions but are recognised as an expense for accounting purposes.Which of the following items are of that type?

• A) research and development costs
• B) warranty costs
• C) sick leave payments
• D) goodwill amortisation

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestry from any of the black racial groups of Africa.

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An economic theory stating that the amount of pay or wages a worker receives is directly related to their contribution to the output or productivity.