Question
Following is the entertainment expense of Bear Collection Bhd for year assessment 2018. Entertainment allowance to employees RM 20,000 Gifts to customer for purchase above
Following is the entertainment expense of Bear Collection Bhd for year assessment 2018.
Entertainment allowance to employees RM 20,000
Gifts to customer for purchase above RM1,000 RM 10,000
Sponsorship a sporting event which is open to public RM 30,000
Determine the amount of allowable entertainment expense for deduction
(a) 30,000
(b) 60,000
(c) 40,000
(d) 50,000
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Information Technology Auditing And Assurance
Authors: James A. Hall, Tommie Singleton
2nd Edition
0324191987, 978-0324191981
