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Match Each Definition to the Corresponding Term

question 82

Multiple Choice

Match each definition to the corresponding term.
-_____ describes the values,beliefs,preferences,and tastes handed down from one generation to the next.


Definitions:

Education Expenses

Costs related to education, including tuition, books, and supplies, which may qualify for deductions or credits under tax laws.

Cost Recovery Deduction

Cost Recovery Deduction is a tax deduction that allows individuals or businesses to recover the cost of an investment or asset over time, through depreciation or amortization.

Office Furniture

Items of furniture intended for use in an office environment, including desks, chairs, and filing cabinets.

§179

A provision in the U.S. tax code allowing businesses to deduct the full purchase price of qualifying equipment or software within the tax year it is purchased.

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