Which of the Following Is NOT a Political Factor

question 41

Multiple Choice

Which of the following is NOT a political factor?

• A)political stability of a country
• B)the existence of well-established legal system
• C)rules of commerce
• D)humanitarian requirements

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Definitions:

Pre-Tax Operating Loss

The loss a company incurs from its operations before accounting for taxes, indicating how well the core business is performing.

Carryback

A tax provision that allows individuals or businesses to apply a current year's net operating losses to previous years' profits to reduce tax liabilities.

Carryforward

A tax policy that allows individuals or companies to apply current year’s unused deductions or credits to future tax years.

Corporation

A legal entity that is separate from its owners, having its own rights and obligations, and is able to own assets, incur liabilities, and sell securities.