Which of the Following Is Allowable as a Deduction in Calculating

question 40

Multiple Choice

Which of the following is allowable as a deduction in calculating a corporation's net operating loss?

• A)Charitable contribution deduction.
• B)Net capital loss carryback.
• C)Net operating loss carryover from other years.
• D)Both charitable contribution deduction and net operating loss carryover from other years are deductible in computing the current-year NOL.

---

Definitions:

Population Variance

The variance of a population data set, calculating the mean of the squared deviations from the mean of the data.

Confidence Interval

A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter.

Sample Variance

A measure of variability that quantifies the spread of a sample data set; calculated as the sum of squared deviations from the sample mean, divided by the sample size minus one.

Population Variance

A measure of the dispersion or spread of a population dataset, calculated as the average of the squared differences from the population mean.