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    Intermediate Accounting IFRS
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    Exam 16: Accounting for Income Taxes
  5. Question
    Under Current Tax Law a Net Operating Loss May Be
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Under Current Tax Law a Net Operating Loss May Be

Question 54

Question 54

Multiple Choice

Under current tax law 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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