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    Intermediate Accounting Study Set 2
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    Exam 16: Accounting for Income Taxes
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    Under Current Tax Law, Generally a Net Operating Loss May
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Under Current Tax Law, Generally a Net Operating Loss May

Question 61

Question 61

Multiple Choice

Under current tax law, generally a net operating loss may be carried back:


A) 2 years.
B) 5 years.
C) 15 years.
D) 20 years.

Correct Answer:

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