Which of the Following Is Not a Requirement That Must

question 147

Multiple Choice

Which of the following is not a requirement that must be met before a group files a consolidated return?

• A) None of the corporations can be ineligible under the Code to file on a consolidated basis with the others.
• B) All of the corporations must be members of an affiliated group.
• C) The group members must share the same inventory accounting method,
• D) The group members must share a common tax year end.
• E)g., they all must use FIFO).

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