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    Principles of Taxation
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    Exam 7: Property Acquisitions and Cost Recovery Deductions
  5. Question
    A Book/tax Difference Resulting from Application of the Unicap Rules
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A Book/tax Difference Resulting from Application of the Unicap Rules

Question 60

Question 60

True/False

A book/tax difference resulting from application of the unicap rules to manufactured inventory reverses in the year in which the inventory is sold.

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