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Which of the following statements about deductible expenses is true? O A. Amounts paid to settle a fine are deductible even though fines are not

Which of the following statements about deductible expenses is true? O A. Amounts paid to settle a fine are deductible even though fines are not deductible. Jhy O B. Bribes paid to nonessential employees of the U.S. government to overlook regulations are deductible. O C. Payments to foreign officials to expedite administrative actions are deductible and not illegal. 0 D. Penalties are deductible if they are assessed on payroll tax returns of a trade or business. Submit Answers

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