All relations are tables, but not all tables are relations

The cost accountant works directly with the corporate president to develop the selling and administrative expense budget

Indicate whether the statement is true or false

Which of the following is a true statement?

A. Interest expense is not deductible if the loan is used to purchase municipal bonds. B. Insurance premiums are not deductible if paid for "key man" life insurance C. One half of the cost of business meals is not deductible D. All of these are true E. None of these is true