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1 pts Question 18 Rubin Corporation provides the food, beverages, and entertainment for a Fourth of July picnic for its employees and their families. This

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1 pts Question 18 Rubin Corporation provides the food, beverages, and entertainment for a Fourth of July picnic for its employees and their families. This is an annual event that Rubin believes benefits its employees and the company. This year, the picnic costs $5,000. Rubin Corporation can deduct the full $5,000, because the expense is for the recreational and social benefit of its employees. True False

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