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Alex
3 years ago
15

Under the general requirements of Code Sections 162 and 212 regarding trade/business and income-producing activities, to be dedu

ctible an expense must be
Business
1 answer:
vovangra [49]3 years ago
4 0

Answer:

Related to carrying on the activity

Explanation:

The general requirement of the code sections 162 and 212 about the expense allowing as a deduction against income of the business is that the expenses are only allowable if it is related to the same business income. This means that the trading expense would be set off against trading income and rental expense would be set off against rental income. Furthermore, the expenses (losses) would be only deductible for the future years if the business has not abandoned its operations which means the expenses are related to carrying activities.

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In the model of mass-mediated communication, the: Select one: producers of the message control the reception of the content prod
taurus [48]
<h3 />

How information is conveyed is important,  mass-mediated communication allows information to reach a wide range of people.

<h3>What mass-mediated communication?</h3>

It is a communication method that involves sending messages through a medium either internet or television to a receiver (audience)  to produce some effect.

The communicator of the message controls the interpretation of the content to the receiver.

Therefore, in mass-mediated communication content producers of the message control the interpretation of the content

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4 0
1 year ago
A branch of accounting that generates reports and information for the use of internal management for decision making purpose is
earnstyle [38]

Answer:

financial accounting and management accounting

8 0
2 years ago
In the quantity discount model, the optimum quantity will always be found on the lowest total cost curve.
Leno4ka [110]

In the quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

<h3>What is optimum quantity?</h3>

It should be noted that optimum quantity simply means the economic quantity that is purchased.

In this case, in quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

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brainly.com/question/17192219

4 0
2 years ago
Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $812, a replaceme
Radda [10]

Answer:

$775

Explanation:

In inventory valuation , inventory are valued at the lower of cost to replace an item of inventory and the net realizable value.

The net realizable value is the proceed earned from the disposal of an inventory less the cost related to the disposal.

In the scenario described in the question , The replacement cost for product 66 is $775 while the net realizable value is $800. Therefore , the final inventory valuation will be the lower of $775 and $800 which is $775

3 0
3 years ago
When Kelsey decreases her price of lipstick from $7 to $5, she finds that her sales increase from 6 to 7. She faces ________ dem
yuradex [85]

Answer:

elastic; rise

Explanation:

6 0
3 years ago
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