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.
Answer:
Convergent Thinker
Explanation:
A convergent thinker is the one who gives correct answers to the problems and does not considers other options whereas divergent thinker considers all the possible options to choose the best options. It doesn't matter who you are, all that matters is what is your decision. You can not be right all the times. Divergent thinker is bit more risk averse approach and creative people are always divergent thinkers.
I’m not really sure sorry
The television industry and/or developments in digital technology has recently changed the way people relate to movies, books, and radio.
<h3>What is Digital technology?</h3>
Digital technology can be define as an electronic system or instrument that help in processing and storing of data or information.
The invention of digital technology has change the way people view things as poeple can now use their system or mobile devices to watch series of content online instead of being limited to few channel while watching the television.
Example with the impact of digital technology people can now subscribe online to watch movies by using their data to watch different movies of their choice.
Inconclusion developments in digital technology has recently changed the way people relate to movies, books, and radio.
Learn more about digital technology here:brainly.com/question/617704
Answer: A balance sheet
Explanation:
A balance sheet is known to be a financial statement which shows the financial position of a company. Thus, Company’s assets, liabilities and owner's equity are been reported at a specified period of time on the balance sheet. Furthermore, its purpose is to know the company’s financial worth, credit and investment.