The unicap rules tell you what expenditures must be which


1. The UNICAP rules tell you what expenditures must be

Capitalized

Expenses

Written-off

Reimbursed

2. Which of the following represents an “above the line” deductions?

Student Loan Interest

IRA distributions

401K deferrals

Medical Expenses

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Financial Accounting: The unicap rules tell you what expenditures must be which
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