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If a deferred tax asset may not be fully realized in future periods,a valuation allowance is required to reduce the deferred tax asset to the amount that is more likely than not to be realized.
Hurricane Damage
The destruction or harm caused by hurricanes, including wind damage, flooding, and the impact on communities and ecosystems.
Major Supplier Closure
The shutdown or cessation of operations by a key provider of goods or services, potentially impacting the supply chain.
Federal Government Policy
A course of action decided and implemented by a national government to achieve certain goals within the country.
Human Resources Director
An executive position responsible for overseeing the human resources department, focusing on recruitment, employee relations, training, and benefits administration.
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