The Generally Accepted (A)accounting Rule,and (B)tax Rule; for Development Expenditure,are

question 3

Multiple Choice

The generally accepted (a) accounting rule,and (b) tax rule; for development expenditure,are ......:

• A) Capitalise and amortise; (b) A tax deduction when paid for.
• B) Expense when paid for; (b) A tax deduction when paid for.
• C) Capitalise and amortise; (b) A tax deduction when amortised.
• D) Expense when paid for; (b) A tax deduction when amortised.
• E) Capitalise and amortise; (b) A tax deduction when impaired.

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Definitions:

Fallacy

An argument in which the premises appear to support the conclusion, but actually provide little or no support.

Abortion

The termination of a pregnancy by removal or expulsion of an embryo or fetus before it can survive outside the uterus.

Formal Fallacy

An error in reasoning that involves an invalid argument structure, often failing to establish its conclusion logically.

Fallacy

A mistaken belief, especially one based on unsound arguments or reasoning.