Discuss the concepts of ordinary necessary and reasonable, Business Management

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Discuss the concepts of ordinary necessary and reasonable

Discussion Post: Business Expenses

In your own words, define a trade or business, and then discuss the concepts of ordinary, necessary, and reasonable in relation to trade or business expenses.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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