QUESTION 2 1 points Which of the following is not one of the tests used in deter

Question

QUESTION 2 1 points Which of the following is not one of the tests used in determining whether an expense is a deductible business expense? O Reasonable Complete Ordinary deductible business expense O Necessary O All of the above are used in determining whether an expense is a QUESTION 3 1 points Which one of the following is not a component of gross income on Schedule C, Part 1? O Sales O Cost of Goods Sold O Other Income 0 Returns and Allowances O All of the above are components of gross income on Schedule C, Part I QUESTION 4 1 points

Explanation / Answer

Question no 3

Answer is 5

All of the above are components of gross income on schedule c part 1

Question no 2

answer is 2 - complete

Tax deductible expenses are almost any ordinary, necessary, and reasonable expenses that help to earn business income

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