The Election to File a Consolidated Return Is Made Annually

question 18

True/False

The election to file a consolidated return is made annually.

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Definitions:

Predictable

Capable of being forecasted with a high degree of accuracy; the quality of being known before it happens.

Determinism

The philosophical doctrine that all events, including human action, are ultimately determined by causes external to the will.

Physical Cause

An ailment or condition that can be attributed to a tangible or biological factor rather than psychological influences.

Hereditarianism

The theory that genetic inheritance is a primary determinant of human traits including intelligence, personality, and behavior.