Which, If Any, of the Following Provisions Cannot Be Justified

question 93

Multiple Choice

Which, if any, of the following provisions cannot be justified as mitigating the effect of the annual accounting period concept?

• A)Nonrecognition of gain allowed for involuntary conversions.
• B)Net operating loss carryover provisions.
• C)Carryover of excess charitable contributions.
• D)Use of the installment method to recognize gain.
• E)Carryover of excess capital losses.

---

Definitions:

Argument Value

The actual input in a logical or mathematical argument or function, determining its outcome or output.

Credible

Capable of being believed; trustworthy.

Evidence

Information or data that supports or contradicts a hypothesis, theory, or claim, often used in reasoning or argumentation.

Arthurian Legends

Arthurian Legends are a series of stories and medieval romances centered around the mythical King Arthur and his knights of the Round Table.