Which of the Following Is Not an Advantage of Filing

Multiple Choice

Which of the following is not an advantage of filing a consolidated income tax return?

A) The existence of unrealized losses in ending inventory.
B) The ability to use net operating losses of one company to offset profits of another company.
C) The deferral of unrealized gains.
D) Transfers of inventory at a transfer price above cost.
E) Intercompany dividends are not taxable.