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For the First Two Years That a Group Files a Consolidated

question 48

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For the first two years that a group files a consolidated tax return, it may make estimated payments on either a consolidated or separate return basis.


Definitions:

Power Factor

A dimensionless measure of how effectively electrical power is converted into useful work output, particularly the ratio of real power to apparent power in a circuit.

Capacitive VARs

Reactive power measured in Volt-Ampere Reactive (VAR) generated by capacitive loads, which can be used for power factor correction in electrical systems.

Power Factor

An indication of the efficiency with which electrical power is turned into actual work, measured on a scale from 0 to 1, where a value of 1 signifies the highest possible efficiency.

RLC Series Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in series.

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