What Is the Name of the Accounting Convention That Allows

question 18

Multiple Choice

What is the name of the accounting convention that allows a firm to offset the losses that were incurred against future income rather than receive a refund of taxes paid?

• A) tax credit
• B) itemized deductions
• C) tax-loss carry-forward
• D) a write-down

---

Definitions:

Retrieval Cue

A stimulus, whether external or internal, that helps bring a memory or piece of information into conscious thought from one's long-term memory.

Semantic Code

The aspect of memory responsible for storing information about the meanings of words, symbols, and other elements of language.

Recall Task

A memory task that requires individuals to remember and reproduce information from their memory without cues.

Autobiographical Memory

The memory of specific episodes or events.