Business Expenses Include I.expenditures That Have a Business Purpose

question 29

Multiple Choice

Business expenses include
I.expenditures that have a business purpose
II.expenditures that are incurred for the production of income.
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• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

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Definitions:

Bandwidth

in computing, refers to the maximum rate of data transfer across a given path or connection in a network.

Repeater

A device used to extend the reach of a wireless or wired network by receiving and retransmitting signals.

Router

A networking device that forwards data packets between computer networks, performing traffic directing functions on the internet.

Switch

A networking device that connects devices together on a computer network, using packet switching to receive, process, and forward data to the destination device.