QUESTION 1 Which one of the following expenses is fully deductible for a business? a monthly health insurance premiums for full-time employees who are not taxed on the fringe benefit Ob utility expenses for the business owner's personal residence that are paid out of the business checking account O speeding tickets incurred by an over-the-road truck driver d. illegal bribes paid to a U.S. government official for the purpose of obtaining a government contract for your company's services e none of the above expenses are deductible