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Accounting

06:13
4G
Assessment 1
Question 5
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Which one of the following deductions is not prohibited in terms of section 23?
A. The value for any insurance policy ceded to an employee director, their family, or a retirement fund of which they are members
B. Bribes
C. Expenses incurred in respect of exempt income
D. Portion of private expenses that were utilised for business purposes
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