Which of the Following Isn't a Typical Federal/state Adjustment

question 91

Multiple Choice

Which of the following isn't a typical federal/state adjustment?

• A)Dividends received deduction.
• B)Depreciation.
• C)Meals and entertainment.
• D)U.S.obligation interest incomE.Meals and entertainment is a typical book/federal tax adjustment rather than a federal/state adjustment.

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Definitions:

IT Department

The division within a company that is responsible for managing and maintaining the technology infrastructure and services.

Technology Costs

Technology costs involve the expenses associated with the acquisition, implementation, and maintenance of technology in an organization or project.

Systems Programmer

A specialist responsible for writing and maintaining system software that runs computer hardware and provides a platform for running application software.

Systems Software

Software designed to provide a platform for other software. Examples include operating systems, device drivers, and utilities.