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For an Expense to Be Deducted as Ordinary, It Must

question 59

True/False

For an expense to be deducted as ordinary, it must be recurring in nature.


Definitions:

Efficiency

The ability to achieve a desired outcome with the least waste of time, effort, or resources.

Psychotherapy

The treatment of mental disorder or emotional challenges through psychological rather than medical means, involving various therapeutic techniques.

Brain Function

The activities carried out by the brain that enable mental operations, including thought, emotion, and behavior.

Biological Treatments

Medical interventions that address the biological aspects of mental health disorders, including medication, neurosurgery, and electroconvulsive therapy.

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