Which one of the following statements best describes the treatment under section 8-1 ITAA97 of expenses incurred before the business has started?

Group of answer choices

a.Expenses incurred before a business has commenced are deductible

b.Expenses incurred before a business has commenced can be apportioned, under section 8-1, over 5 years

c.Only certain expenses incurred before a business has commenced are deductible

d.Expenses that are incurred before a business has commenced are not deductible