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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 27: Accounting Periods and Methods
  5. Question
    A Subsidiary Corporation Filing a Consolidated Return with Its Parent
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A Subsidiary Corporation Filing a Consolidated Return with Its Parent

Question 57

Question 57

True/False

A subsidiary corporation filing a consolidated return with its parent corporation must change its accounting period to conform with its parent's tax year.

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