Looking for the answer to the question below related to Insurance?
Which Of The Following Statements Regarding Business Overhead Expense Policies Is Not True?
Options:
- a)Premiums paid for BOE are tax-deductible.
- b)Any benefits received are taxable to the business.
- c)Leased equipment expenses are covered by the plan.
- d)Benefits are usually limited to six months.
The Correct Answer Is:
- d)Benefits are usually limited to six months.
Conclusion
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