Examlex
Which of the following types of evidence indicate that a valuation allowance is needed to reduce the deferred tax asset?
Private Funds
capital pooled from private individuals or entities for the purpose of investment, typically in ventures or projects that are not public.
Indirect Costs
Expenses not directly tied to the production of goods or services but necessary for the general operation of an organization, such as administrative expenses or utilities.
Government Funds
Financial resources allocated by governmental bodies to support various programs, projects, services, or organizations.
Administrative Expenses
Costs associated with the general operation of a business or organization, excluding production or direct costs.
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