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Which Entities May Elect a Fiscal Year? Discuss How Certain

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Which entities may elect a fiscal year? Discuss how certain tax entities may circumvent the requirement of using a calendar year.


Definitions:

Exposure

The process of reducing fear or anxiety by gradually and repeatedly introducing the feared object or situation.

Aversion Therapy

A behavioral treatment method that uses negative stimuli to reduce the appeal of undesirable habits or behaviors.

Operant Conditioning

The learning of voluntary behavior through the effects of pleasant and unpleasant consequences to responses.

Unpleasant Stimulus

Any object, event, or situation that is undesirable or discomforting to an individual, often leading to avoidance behavior.

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