Taxation

8. Improvement of assets is considered as business expenses and allowable for a tax deduction. * 1 point TRUE O FALSE 1 point 10. Acquisition of assets are examples of expenses that deductible for tax purposes. O TRUE FALSE 2. For a public company, the audited financial statements do not have to be 1 point presented in the AGM. O TRUE O FALSE 1 point 6. Financial Statements are accessible by the public while ITRF is only accessible by IRB. * TRUE FALSE