All of the Following Items Are Deductions for Adjusted Gross

question 115

Multiple Choice

All of the following items are deductions for adjusted gross income except

• A)alimony paid.
• B)trade or business expenses.
• C)rent and royalty expenses.
• D)state and local income taxes.

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Definitions:

Human Resources

The department within an organization that focuses on the recruitment, management, and direction of people who work in it.

Quality Control

Procedures and standards implemented to ensure that products or services meet specific requirements and are of consistent quality.

Cost Element

A component that categorizes costs according to their nature, involved in the cost accounting process to allocate expenses accurately.