Which of the Following Is a True Statement

question 17

Multiple Choice

Which of the following is a true statement?

• A)Meals are never deductible as a business expense.
• B)An employer can only deduct half of any meals provided to employees.
• C)The cost of business meals must be reasonable.
• D)A taxpayer can only deduct a meal for a client if business is discussed during the meal.
• E)None of these is truE.Employee meals can be fully deductible as compensation and meals merely need to be associated with the conduct of business.

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Definitions:

Core Self-Evaluations

Personal assessments that involve one's fundamental appraisal of their own abilities, competency, and self-worth.

Self-Esteem

An individual's subjective evaluation of their own worth or value.

General Self-Efficacy

An individual’s belief in their ability to accomplish tasks and succeed in various situations.

Internal Locus

The belief that one has control over their own life and outcomes, as opposed to external forces determining their path.