Conformity Among the Members of a Consolidated Group Must Be

Multiple Choice

Conformity among the members of a consolidated group must be implemented for which of the following tax items?

A) Use of foreign tax payments (i.e., as a credit or deduction) .
B) Tax accounting method (i.e., cash or accrual) .
C) Inventory accounting method (e.g., FIFO or dollar-cost averaging) .
D) Tax year-end.