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Various criteria will disqualify the deduction of a business or investment related expenditure. Which of...

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Accounting

Various criteria will disqualify the deduction of a business or investment related expenditure. Which of the following criteria will not disqualify a business or investment expenditure? (Points : 4)

Capital expenditure Expenses related to tax-exempt income Expenses are not incurred annually Expenses are illegal or in violation of public policy

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