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Which of the following entertainment expenses are not deductible? A A summer picnic for rank-and-file employees B An outing on a boat for highly compensated
Which of the following entertainment expenses are not deductible?
A A summer picnic for rank-and-file employees
B
An outing on a boat for highly compensated officers of a
corporation
C
Entertainment provided to employees that is treated as
wages by the employer for withholding tax purposes
D Expenses connected with shareholder meetings
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