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Which of the following business expenses is deductible for tax purposes? a- $25 late filing penalty charged by CRA. b- $50 speeding ticket incurred while

Which of the following business expenses is deductible for tax purposes?

a- $25 late filing penalty charged by CRA.

b- $50 speeding ticket incurred while delivering goods to a customer.

c- $15 late payment interest charged by utility company.

d- $20 late payment interest charged by CRA.

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